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.
Professional Services 70 - Activities of head offices and management consultancy 70 - Activities of head offices and management consultancy 70 - Activities of head offices and management consultancy
700 jobs Number of planned job losses
Announcement Date
16 December 2003
Employment effect (start)
1 December 2003
Foreseen end date
1 December 2006
Description
In the frame of "Project Atlas", VNU will take in 2003 a reorganisation charge of approximately 30 million euros. Over a three-year period, Marketing Information is expected to reduce its workforce by almost 700 FTEs, part of which will come from natural attrition.
Sources
16 December 2003: VNU - Press release
Citation
Eurofound (2003), VNU Marketing Information, Internal restructuring in World, factsheet number 58976, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58976.