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 Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
500 jobs Number of planned job losses
Announcement Date
17 February 2004
Employment effect (start)
1 February 2004
Foreseen end date
1 February 2006
Description
In February 2004, DSM announced the initial results of its "Copernicus" project aimed at improving the efficiency and effectiveness of the company's manufacturing activities at the Chemelot site in Geleen (Netherlands). The project is expected to lead to the loss of some 500 jobs in support services and manufacturing staff departments. DSM will also investigate whether a number of services can be outsourced. Together with the trade unions DSM is working on a social plan: there will be no collective layoffs, the people affected will be supported in moving to a new job as much as possible, the possibilities of an early retirement scheme based on the existing pre-pension scheme will be explored.
Sources
17 February 2004: De Volkskrant
17 February 2004: DSM - Press releases
Citation
Eurofound (2004), DSM, Internal restructuring in Netherlands, factsheet number 60117, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60117.
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