Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
On 21 May 2013 newspaper publisher NDC announced it will cut 250 jobs, one third of the total.
Background is a decrease in both the number of subscribers and advertisers.
This is the third and largest restructuring in three years time. For previous restructuring see here.
NDC wants to head for an organisation with a limited number of employees and a large group of freelancers.
The timeline for the restructuring plans is not yet available.
Eurofound (2013), NDC Mediagroep, Internal restructuring in Netherlands, factsheet number 75659, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75659.