Type
Internal restructuring
Country
Netherlands
Region
Zuid-Nederland;
Location of affected unit(s)
Veldhoven, Tilburg
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.61 - Manufacture of concrete products for construction purposes

120 jobs
Number of planned job losses
Job loss
Announcement Date
23 September 2013
Employment effect (start)
24 September 2013
Foreseen end date

Description

Dutch group Hurks provider of real estate development services is to cut 120 jobs.

The job reduction measure refers to 15% of its total workforce with half of the announced job losses affecting the group’s precast concrete plants in Veldhoven and Tilburg.

According to the sources, the Eindhoven based group with a total workforce of 794 people, had already implemented a job reduction measure of 50 job cuts in 2012 affecting its precast concrete factories.

The restructuring is attributed to the crisis in the construction sector and its timeline is not yet available.


Sources

  • 23 September 2013: ED
  • 23 September 2013: Hurks (press release)

Citation

Eurofound (2013), Hurks, Internal restructuring in Netherlands, factsheet number 75914, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75914.