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.
Manufacturing (10 - 11) Manufacture of food and beverage 10 - Manufacture of food products 10 - Manufacture of food products
750 jobs Number of planned job losses
225 jobs Number of planned job creations
Announcement Date
8 July 2003
Employment effect (start)
Foreseen end date
Description
Numico, the Dutch agroalimentary group, announced a Europe-wide restructuring plan in its 'baby food' department affecting 7 units over 16. Three units are affected in Germany and one unit in France, Austria, Spain and United Kingdom. Overall, 750 jobs will be dismissed (8% of total department manpower). Nevertheless, 225 jobs should be created after the implementation of the plan in the 'baby food' department.
Sources
8 July 2003: Les Echos
Citation
Eurofound (2003), Numico, Internal restructuring in European Union, factsheet number 59533, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59533.