Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Electricity
Electricity, gas, steam and air conditioning supply
Manufacture of gas, and distribution of gaseous fuels through mains
35.24 - Storage of gas as part of network supply services

200 jobs
Number of planned job losses
Job loss
Announcement Date
22 October 2014
Employment effect (start)
Foreseen end date

Description

On 22 October 2014 oil storage group Vopak announced it will cut 200 of its 1000 jobs in the Netherlands. No exact timeline has been announced yet. Fixed term contracts will not be renewed and vacancies will not be filled. A large share of the jobs will be lost at the head office in Rotterdam. Forced dismissals are not ruled out. The background is the decreasing oil price, which results in lower usage of storage capacity. The unions have announced that they will link the restructuring measures to the running collective bargaining round and that they will demand a generous social plan.


Sources

  • 22 October 2014: Het Financieele Dagblad
  • 22 October 2014: De Volkskrant

Citation

Eurofound (2014), Vopak, Internal restructuring in Netherlands, factsheet number 77878, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77878.