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 12 October 2009, Royal Bank of Scotland announced it will cut 600 jobs, out of a total of 2,400 across the Netherlands. One third of the 600 affected employees have permant contracts. The expectation is that temporary jobs will be cut first. The restructuring is part of a worldwide operation, involving the loss of 9,000 jobs.
Eurofound (2009), RBS Nederlands, Internal restructuring in Netherlands, factsheet number 69782, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69782.