NDC mediagroep

Type
Merger/Acquisition
Country
Netherlands
Region
Noord-Nederland;
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58 - Publishing activities
100 jobs
Number of planned job losses
Job loss
Announcement Date
14 April 2021
Employment effect (start)
Foreseen end date

Description

NDC mediagroup, a publisher of local and regional newspapers and news websites in the Northern provinces of the Netherlands, announced 100 job cuts. The company became part of Belgian publishing company Mediahuis last year and the new owners have decided to reorganise to make NDC profitable again, after several years of losses.

NDC has reached and agreement with trade unions about a social plan. Union representatives expressed their content about the social plan, but are also concerned about the future of local and regional journalism.

NDC mediagroep is the largest regional media company in the Northern provinces of the Netherlands with 580 employees.

Sources

Citation

Eurofound (2021), NDC mediagroep, Merger/Acquisition in Netherlands, factsheet number 104750, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104750.