ACV-CSC

Type
Internal restructuring
Country
Belgium
Region
Location of affected unit(s)
Sector
Other Services
Membership Organisations
Activities Of Membership Organisations
94.20 - Activities of trade unions
103 jobs
Number of planned job losses
Job loss
Announcement Date
3 February 2016
Employment effect (start)
Foreseen end date

Description

The Christian trade union ACV-CSC has started a restructuring in which 103 employees will depart via early retirement. Another 123 employees, 55 years old or more, will be obliged to shift to part-time work.

The trade union has encountered financial difficulties since the voluntary liquidation of Arco (in 2011), its financial holding company, in the wake of the collapse of Dexia bank - which held most of Arco's funds. A restructuring plan, merging twelve regional departments into five provincial departments, is intended to eliminate some duplicate jobs in support functions as  well as management jobs.

Sources

  • 3 February 2016: De Standaard
  • 3 February 2016: De Redactie

Citation

Eurofound (2016), ACV-CSC, Internal restructuring in Belgium, factsheet number 86407, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86407.