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.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Administration Of The State And The Economic And Social Policy Of The Community 84.12 - Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security
250 jobs Number of planned job losses
Announcement Date
5 June 2013
Employment effect (start)
6 June 2013
Foreseen end date
Description
On 5 June housing corporation Vestia announced it will cut 250 jobs. Vestia faces serious financial problems due to losses on risky financial derivatives. The restructuring comes on top of earlier measures in September 2012 (see here).
Sources
6 June 2013: Het Financieele Dagblad
6 June 2013: De Volkskrant
5 June 2013: Metronieuws
Citation
Eurofound (2013), Vestia, Internal restructuring in Netherlands, factsheet number 75669, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75669.
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