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 5 February 2014 construction group Ballast Nedam announced it will cut another 150 jobs. In October 2013, the group had announced the cut of 250 jobs.Two years ago, employment stood at 4,000. After this round of restructuring , some 3,000 jobs will remain. Ballast Nedam expects to record a loss of 25 to 30 million euros over the year 2013. The unions have reacted critically to the restructuring.
Eurofound (2014), Ballast Nedam, Internal restructuring in Netherlands, factsheet number 76557, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76557.