SNCB/NMBS

Type
Internal restructuring
Country
Belgium
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.1 - Passenger rail transport, interurban
1,000 - 4,000 jobs
Number of planned job losses
Job loss
Announcement Date
20 November 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2018

Description

Belgian railway company SNCB/NMBS is to cut around 1,000 jobs by means of natural attrition by the end of 2018.

According to media reports, the cost-cutting restructuring is aimed at stabilising the company’s debt. As reported, in the framework of a re-organisation the plan evisages a reduction of up to 1,144 jobs in all group organisations: SNCB, Infrabel and HR Rail.

The unions expressed fears that the real number of redundancies will be up to 4,000 and announced demonstrations to oppose the plan.

SNCB/NMBS has recently announced plans to create 174 FTE jobs in 2014.

Sources

  • 20 November 2013: L'Echo
  • 20 November 2013: La Libre
  • 21 November 2013: RTBF.be

Citation

Eurofound (2013), SNCB/NMBS, Internal restructuring in Belgium, factsheet number 76218, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76218.