Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Deventer, Etten-Leur, Weert, Doetinchem
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18.1 - Printing and service activities related to printing

170 jobs
Number of planned job losses
Job loss
Announcement Date
30 October 2013
Employment effect (start)
31 October 2013
Foreseen end date
30 April 2014

Description

Dutch graphics group Roto Smeets is to cut 170 FTE jobs by April 2014. As announced, the cost-cutting job reduction measure will affect the group’s printing business line in Deventer, Etten-Leur, Weert and Doetinchem sites.

As reported, the restructuring is due to the deteriorating conditions in the printing market.

For previous restructuring in the group see Roto Smeets-2009.


Sources

  • 30 October 2013: Roto Smeets (press release)
  • 30 October 2013: De Volkskrant

Citation

Eurofound (2013), Roto Smeets, Internal restructuring in Netherlands, factsheet number 76104, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76104.