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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Agricultural Raw Materials And Live Animals 46.22 - Wholesale of flowers and plants
350 jobs Number of planned job losses
Announcement Date
22 April 2014
Employment effect (start)
22 April 2014
Foreseen end date
Description
Dutch co-operative firm, The Greenery, has announced that it will cut 350 jobs, approximately 20% of its total workforce. The jobs will be cut as part of a restructuring process which will see four of the company’s seven distribution centres close. According to the source, 150 employees were let go over the course of 2013.
Although the exact timeline of the restructuring is unclear, €23 million has been reserved to cover the costs of the restructuring (including the costs of the social plan) for 2014.
Sources
23 April 2014: Het Financieele Dagblad
23 April 2014: NRC Handelsblad
22 April 2014: Transport Online
Citation
Eurofound (2014), The Greenery, Internal restructuring in Netherlands, factsheet number 76938, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76938.
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