Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.19 - Other retail sale in non-specialised stores

1,815 jobs
Number of planned job losses
Job loss
Announcement Date
9 September 2003
Employment effect (start)
Foreseen end date
1 August 2004

Description

Vendex KBB is restructuring its subsidiary Vroom & Dreesman. At least 12 of the 17 supermarkets should be closed, and 1,815 jobs on the 8,500 employed by V&D should be lost.

This is part of the Vendex restructuring programme suppressing in total some 2,300 jobs on the 14,000 employed by Vendex.

On January 31 2004, 1,590 jobs have already been suppressed from the 1,800 announced in September. According to a spokesperson for the company, some 2,700 rather than 2,300 employees could be affected by the restructuring. A lot of part time jobs will indeed be shed to reach the number of 1,800 full time equivalents.


Sources

  • 9 September 2003: De Telegraaf
  • 9 September 2003: NRC Handelsblad
  • 25 February 2004: IEX

Citation

Eurofound (2003), Vendex, Internal restructuring in Netherlands, factsheet number 59756, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59756.