Nedtrain

Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment
600 jobs
Number of planned job losses
Job loss
Announcement Date
9 November 2004
Employment effect (start)
9 November 2004
Foreseen end date
10 November 2008

Description

Some 600 jobs at Dutch railway maintenance services company Nedtrain (subsidiary of the Netherlands Spoorwegen NS), are threatened to be cut. The company is facing financial difficulties due to the strong competition and decreased orders. The jobs are threatened to be cut in the next four years. Nedtrain expect to implement the job cuts via natural attrition and a vacancy stop. Mainly office workers, are threatened to loose their jobs. A spokesman of NS said there was no concrete decision about a personnel reduction.

Sources

  • 10 November 2004: De Financiële Telegraaf

Citation

Eurofound (2004), Nedtrain, Internal restructuring in Netherlands, factsheet number 60807, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60807.