Internal restructuring
Location of affected unit(s)
Administrative Services
Office Administrative, Office Support And Other Business Support Activities
Business Support Service Activities N.E.C.
82.91 - Activities of collection agencies and credit bureaus

100 jobs
Number of planned job losses
Job loss
Announcement Date
29 June 2018
Employment effect (start)
29 June 2018
Foreseen end date


The Dutch company GGN, a debt collection agency, has recently announced that it will cut 100 jobs from its workforce of 700 empoyees. The company has been struggling in recent years and recently gained negative media attention due to the lack of transparency in its cases and under which circumstances cases are escalated to court. This, and the fact that timely payments have increased, means that demand for the GGN’s services has declined. While the workers have been informed of the cuts, it is not clear when they will commence or when the reorganisation will end.



Eurofound (2018), GGN, Internal restructuring in Netherlands, factsheet number 94705, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94705.