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.
Education Education Vet, Higher And Tertiary Education 85.32 - Technical and vocational secondary education
550 jobs Number of planned job losses
Announcement Date
20 July 2012
Employment effect (start)
1 August 2012
Foreseen end date
1 August 2014
Description
On 20 July 2012, regional vocational education centre Zadkine announced it will cut 400 jobs (i.e. 275 full time equivalents) in the coming two years, mainly through non-renewal of temporary staff.
In 2011, the company had already dismissed 200 staff members. Background is budget cuts by the government and a drop in the number of students.
Update, 19 October 2012: Zadkine announced another 150 job cuts on top of the 400 previously announced.
Sources
21 July 2012: NRC Handelsblad
19 October 2012: De Volkskrant
19 October 2012: Het Financieele Dagblad
Citation
Eurofound (2012), Zadkine, Internal restructuring in Netherlands, factsheet number 73971, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73971.
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