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.
Utilities Water Supply; Sewerage, Waste Management And Remediation Activities Waste Collection, Treatment And Disposal Activities; Materials Recovery 38.2 - Waste treatment and disposal
50 jobs Number of planned job losses
Announcement Date
10 January 2020
Employment effect (start)
Foreseen end date
Description
The Amsterdam waste processing company AEB will dismiss 50 out of its 400 employees. The issues started for AEB last summer when suddenly four of the six ovens were shutdown, since the company could no longer guarantee the safety of the employees. A plan was set in motion to catch up on overdue maintenance and improve the negative work culture. AEB, as of now, is running all six ovens again; but the shutdown had large financial consequences. The municipality of Amsterdam (the sole owner of AEB) therefore is selling AEB and restructuring the company to ensure the sale will be successful.
Although there is a social plan, the trade union has urged the municipality of Amsterdam to improve it.
Eurofound (2020), AEB, Internal restructuring in Netherlands, factsheet number 99617, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99617.
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