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.
Région Bruxelles-Capitale / Brussels Hoofdstedelijke Gewest;
Location of affected unit(s)
Brussel
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.4 - Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations
New offshoring locations
Netherlands
125 jobs Number of planned job losses
Announcement Date
14 January 2021
Employment effect (start)
1 February 2021
Foreseen end date
Description
L'Oréal, an international manufacturer of soap and beauty related products, has announced it will move 125 of its employees to a new location in near Amsterdam in the Netherlands. Not all but a significant part (125) of staff at the current in location will either have to move or be dismissed if unwilling to do so. The company plans to centralize its Benelux divisions into a new organisation located in the Netherlands.
Eurofound (2021), L'Oréal, Offshoring/Delocalisation in Belgium, factsheet number 102998, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102998.
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