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 Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35 - Electricity, Gas, Steam And Air Conditioning Supply
350 jobs Number of planned job losses
Announcement Date
9 December 2024
Employment effect (start)
9 December 2024
Foreseen end date
1 March 2026
Description
Eneco, a Dutch energy supplier, has announced plans to cut 350 jobs worldwide by March 2026.
The majority of reductions will occur through natural attrition and reduced external hiring and temporary staffing. The restructuring programme is anticipated to affect employees in Belgium, but no specific number of jobs to be cut is available for the country for now.
The company is to adapt its operations to changing market conditions and maintain investments in sustainability and energy transition. Rising material costs, wages, and the impact of global geopolitical developments on energy markets have driven this decision. The company emphasizes its focus on commercial activities and digital transformation as part of its strategy to navigate current market challenges.
Headquartered in Rotterdam, Eneco operates in the Netherlands, Belgium, Germany, and UK, employing about 4,100 people.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
