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.
Utilities Water Supply; Sewerage, Waste Management And Remediation Activities Water Collection, Treatment And Supply 36 - Water collection, treatment and supply
60 jobs Number of planned job losses
Announcement Date
21 July 2005
Employment effect (start)
27 July 2005
Foreseen end date
1 January 2006
Description
Dutch regional water company Wetterskip Fryslan, in Leeuwarden, northern Netherlands, will cut 60 jobs, (10% of its workforce), by 1 January 2006. The job cuts will affect mainly the management staff and forced lay-offs are not expected. The workforce reduction will be part of the company's cost-saving plan for the next four years, which is expected to save €8 million. 'We plan to centralise the organisation of the company as much as possible', the director Peter Polhuis said.
Sources
22 July 2005: Leeuwarder Courant
Citation
Eurofound (2005), Wetterskip Fryslan, Internal restructuring in Netherlands, factsheet number 62009, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62009.
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