Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

443 jobs
Number of planned job losses
Job loss
Announcement Date
16 April 2009
Employment effect (start)
1 January 2009
Foreseen end date
31 March 2009

Description

On 17 April 2009, IT company AtosOrigin stated that it had reduced its workforce in the Netherlands by 443 jobs (5% of the total). 214 of these cuts were the result of the sale of a daughter comapny. The rest had occurred because of not replacing employees that left. There had been no forced dismissals. AtosOrigin has been hit hard by price competition in the sector. Analysts expect more resturcturing (including forced dismissals) in the near future.


Sources

  • 16 April 2009: Het Financieele Dagblad

Citation

Eurofound (2009), Atos Origin, Internal restructuring in Netherlands, factsheet number 68721, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68721.