Type
Bankruptcy
Country
Netherlands
Region
Location of affected unit(s)
Terneuzen, Hulst, Zeist
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Via Stalls And Markets Or Other
47.91 - Retail sale via mail order houses or via Internet

185 jobs
Number of planned job losses
Job loss
Announcement Date
24 June 2014
Employment effect (start)
24 June 2014
Foreseen end date
25 June 2014

Description

Mail-order company Neckermann has announced that it will cut 185 jobs in the Netherlands. The company was declared bankrupt in June 2014 but was restarted on the following day. Just 15 employees will be retained by the company. According to the sources, the jobs will be lost in the processing department and at the company’s call centre.

According to the sources, several suppliers, customers and employees have criticised the bankruptcy and restart, which they claim was planned and has no legal basis in the Netherlands.

The ERM previously reported on restructuring at the company in 2012 and 2006.


Sources

  • 5 July 2014: De Volkskrant
  • 25 June 2014: Het Financieele Dagblad
  • 25 June 2014: De Volkskrant

Citation

Eurofound (2014), Neckermann, Bankruptcy in Netherlands, factsheet number 77288, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77288.