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.
Manufacturing Manufacture, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18.1 - Printing and service activities related to printing
130 jobs Number of planned job losses
Announcement Date
9 December 2014
Employment effect (start)
9 December 2014
Foreseen end date
30 June 2015
Description
On 9 December 2014 printing group Roto Smeets announced it plans to cut 130 out of 250 jobs in its printing facility in Weert. This is the largest printing facility in rotation offset in the Netherlands. The reason for this restructuring is the continual loss of subscribers to and buyers of printed magazines. Roto Smeets hopes to save 6 to 7 million euros as a result of this restructuring.
Sources
10 December 2014: Het Financieele Dagblad
9 December 2014: nrc.nl
10 December 2014: volkskrant.nl
Citation
Eurofound (2014), Roto Smeets, Internal restructuring in Netherlands, factsheet number 77996, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77996.
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