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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
200 jobs Number of planned job losses
Announcement Date
22 July 2014
Employment effect (start)
Foreseen end date
Description
Telecoms retailer The Phone House announced it will cut 200 jobs. The firm has 250 shops (80 through franchising) in the Netherlands and 50 will be closed or merged. Some 160 jobs will be lost in the shops and 40 in the head office. As reported, the firm is planning to focus more on online retail activities.
Details on the timeline of the restructuring have not yet been made clear. The Phone house is part of UK-based Carphone Warehouse.
Sources
23 July 2014: Het Financieele Dagblad
22 July 2014: Nu.nl
Citation
Eurofound (2014), The Phone House, Internal restructuring in Netherlands, factsheet number 77412, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77412.
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