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 19 December 2012 engineering consultancy group Grontmij (NL) announced that it will cut 150 to 200 jobs as part of a restructuring operation. The majority of the jobs will be lost in the Netherlands, where the company has its head office in De Bilt. According to its press release the company does not rule out forced redundancies.
Grontmij has started talks with the Dutch Works Council and the Trade Unions. The timeline for the implementation of the redundancies is not yet known.
Grontmij faces financial problems after several large takeovers. Recently, two supervisory board members were dismissed by the general meeting of shareholders and shortly after the CEO was replaced.
Currently, the company employs around 10,000 people in 300 EU and 50 global offices.
Eurofound (2011), Grontmij, Internal restructuring in European Union, factsheet number 72893, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72893.