Type
Internal restructuring
Country
Netherlands
Region
West-Nederland; Zuid-Holland; Groot-Rijnmond
Location of affected unit(s)
Rotterdam
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.1 - Building of ships and boats

114 jobs
Number of planned job losses
Job loss
Announcement Date
19 February 2021
Employment effect (start)
Foreseen end date

Description

The Dutch shipbuilding and offshore company Damen Shipyards has announced 114 job cuts in the Netherlands.

The ongoing recession in the offshore oil and gas market and the effects of the COVID-19 pandemic are the reasons why a reorganization has become necessary for Damen Shipyards. The reorganisation involves the two repair yards in the Rotterdam area, Damen Verolme Rotterdam and Damen Shiprepair Rotterdam.

Damen is an international shipyard group with 13,000 employees worldwide. The reorganization follows 173 redundancies in August 2020 and 115 redundancies in July 2020. Finally, further job cuts involved the Romanian establishments in September 2020.


Sources

  • 19 February 2021: Het Financieele Dagblad (fd.nl)

Citation

Eurofound (2021), Damen Shipyards, Internal restructuring in Netherlands, factsheet number 103625, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103625.