BAM

Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Construction
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
500 jobs
Number of planned job losses
Job loss
Announcement Date
21 August 2013
Employment effect (start)
21 August 2013
Foreseen end date
31 December 2013

Description

BAM the largest construction company in the Netherlands announced that it will cut another 500 jobs. The announced restructuring is on top of the 650 job cuts during 2012 (see BAM-2012).

Background is the continuing crisis in the Dutch construction sector.

Sources

  • 22 August 2013: NRC Handelsblad
  • 22 August 2013: BAM (press release)

Citation

Eurofound (2013), BAM, Internal restructuring in Netherlands, factsheet number 75775, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75775.