Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58 - Publishing activities

210 - 250 jobs
Number of planned job losses
Job loss
Announcement Date
30 June 2004
Employment effect (start)
Foreseen end date
31 December 2007

Description

Publisher Wolters Kluwer's subsidiary Kluwer will cut 250 jobs, the company said on 30 June 2004. The restructuring focuses on reaching a balanced and consolidated product and service supply, Wolters Kluwer added. Kluwer, publisher of fiscal, financial, legal and management issues, aims at a structural improvement of its operating results in the next three years through restructuring and innovative programmes. These plans are in line with the earlier announced strategy of Wolters Kluwer for the whole concern. Negotiations with the trade unions and the company's works council have started. Kluwer has over 1,500 employees. In November 2004, 210 jobs of the 250 announced earlier had been shed : 80 in Alphen, 120 in Deventer and 10 in Amsterdam and Den Haag.


Sources

  • 30 June 2004: De FinanciĆ«le Telegraaf
  • 2 November 2004: DowJones Newswires

Citation

Eurofound (2004), Kluwer, Merger/Acquisition in Netherlands, factsheet number 60591, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60591.