Restructuring events
European Restructuring Monitor (ERM)
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.
Veon, a telecom company, is restructuring; between 200 and 250 employees, including In addition, 69 employees from the Wholesale Services department, are losing their jobs at the Amsterdam office. The company also stopped investing in a plan to build a digital platform similar to WeChat, costing around a 100 employees in London and Amsterdam their jobs. The redundancies take place in the context of a large-scale reorganization of the company, whereby many activities that took place at the head office in recent years are transferred to the countries' head offices.
Eurofound (2019), Veon, Internal restructuring in Netherlands, factsheet number 97178, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97178.