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.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65.12 - Non-life insurance
120 jobs Number of planned job losses
Announcement Date
1 December 2016
Employment effect (start)
Foreseen end date
31 December 2019
Description
The Dutch provider of health insurance De Friesland Zorgverzekeraar announced on 1 December 2016 that it will cut 120 out of 700 jobs in the next three years. The reasons for the cuts is the increasing digitalisation of services, which reduces the need of administrative staff, while at the same time, there is a need to reduce costs in order to keep clients' premiums low in the face of increasing health expenditures. Forced redundancies are not ruled out. The company has yet to discuss social redundancy packages with the unions.
Sources
2 December 2016: Het Financieele Dagblad
2 December 2016: Omrop Fryslân
Citation
Eurofound (2016), De Friesland Zorgverzekeraar, Internal restructuring in Netherlands, factsheet number 89389, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89389.
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