Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
the Netherlands
Sector
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

3,200 - 4,000 jobs
Number of planned job losses
Job loss
Announcement Date
4 December 2013
Employment effect (start)
4 December 2013
Foreseen end date
4 December 2017

Description

On 4 December 2013, the Dutch insurance company Achmea announced plans to reduce its workforce by 4,000 positions over the next three years as the company seeks to increase its focus on the provision of online services. Most of the job losses will be in the Netherlands. The company is, however, not ruling out the need for compulsory redundancies. Achmea, which is the largest Dutch insurer, currently employs around 21,000 staff worldwide, 17,000 of them in the Netherlands.


Sources

  • 4 December 2013: Bloomberg
  • 4 December 2013: Achmea (press release)
  • 4 December 2013: Reuters

Citation

Eurofound (2013), Achmea, Internal restructuring in Netherlands, factsheet number 76293, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76293.