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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail Trade, Except Of Motor Vehicles And Motorcycles
800 jobs Number of planned job losses
Announcement Date
18 July 2023
Employment effect (start)
18 July 2023
Foreseen end date
31 August 2023
Description
VanMoof, a Dutch e-bike manufacturer located in Amsterdam, announced that all 800 employees will lose their job as a result of the company's bankruptcy. All employees are reported to lose their job by direct dismissal. The employees will remain employed for another six weeks - if they wish - with their wages being guaranteed by the Employee Insurance Agency UWV. Now that the company has been declared bankrupt, the curators are looking for a candidate to take over the company or relaunch it.
VanMoof was founded in Amsterdam in 2009 and has sold about 200,000 e-bikes worldwide since then.
Eurofound (2023), VanMoof, Bankruptcy in Netherlands, factsheet number 109334, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109334.
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