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.
Manufacturing (18) Printing and reproduction of recorded media 18 - Printing and reproduction of recorded media 18 - Printing and reproduction of recorded media
European Globalisation Fund (EGF)
Year: 2009, Case number: 26
450 jobs Number of planned job losses
Announcement Date
15 May 2009
Employment effect (start)
16 May 2009
Foreseen end date
31 December 2010
Description
On 15 May 2009, printing group Roto Smeets announced it will scrap 450 jobs in the coming one and a half year. Backround is excess capacity in the sector, aggravated by the recession.