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 Trade, Except Of Motor Vehicles And Motorcycles 46 - Wholesale trade, except of motor vehicles and motorcycles
600 jobs Number of planned job losses
Announcement Date
18 February 2016
Employment effect (start)
Foreseen end date
24 February 2019
Description
The Dutch wholesaler Makro Netherlands has announced that it will shed 600 jobs over the next three years. The move has been attributed to a general decline in the profitability and market share of wholesalers in the Netherlands. According to the director of Makro Netherlands, Kef Helbergen, 'we make a profit, but not enough'. The company will also reduce its product range from about 65,000 to 32,000 products, while also diversifying the range of products.
Sources
18 February 2016: fd.nl
Citation
Eurofound (2016), Makro Netherlands, Internal restructuring in Netherlands, factsheet number 86568, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86568.
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