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.
After talks with trailer producer DAF a union representative announced on 17 February 2009 that DAF will cut 570 jobs over the summer 2009. This is 400 more than DAF had mentioned in the week before. The plant faces a loss in turnover of some 50%. At the end of 2008 DAF already ended 1,500 flex contracts. Since 5 January 2009, 3,500 employees work shorter hours. This is financed by the Ministry of Social Affairs and Employment. Union representatives fear that yet more job losses are to be foreseen in the near future.
Eurofound (2009), DAF, Internal restructuring in Netherlands, factsheet number 68313, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68313.