Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.1 - Electric power generation, transmission and distribution

500 jobs
Number of planned job losses
Job loss
Announcement Date
11 August 2008
Employment effect (start)
11 August 2008
Foreseen end date
11 February 2010

Description

Energy company Essent announced on 11 August 2008 that it is to cut around 500 jobs by early 2010. No or only a few forced dismissals are expected. The job losses are attributed to the unbundling of network activities as required by the government.


Sources

  • 11 August 2008: NRC Handelsblad

Citation

Eurofound (2008), Essent, Internal restructuring in Netherlands, factsheet number 67172, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67172.