Restructuring events
European Restructuring Monitor (ERM)
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.
On 11th December it was announced that Heijmans, a construction company in the Netherlands, is to cut 700 jobs from a total of 11,000. The number of dismissals will be minimized. A social plan has been agreed with the unions. The bulk of the job losses will hit operational personnel. Heijmans has cut jobs as a response to the recession which has hit hard the entire construction sector.
Eurofound (2008), Heijmans, Internal restructuring in Netherlands, factsheet number 67649, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67649.