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.
The Dutch utilities supply company, Nuon, has announced it will cut 275 positions in the Netherlands by January 2020. The job reductions are connected to an internal restructuring of Nuon's mother entity, the Swedish company Vatenfall, in order to make a transition towards renewable energy. As of April 2018, there is no information regarding reactions from social partners or tripartite organisations, or regarding when the layoffs will start taking place. However, Vattenfall has stated its intention to implement the job reductions in a “socially responsible” manner, in cooperation with trade unions and works councils.
The Swedish state-owned Vattenfall group has announced it will cut 1,500 jobs in Germany, Sweden and the Netherlands.
Eurofound (2018), Nuon, Internal restructuring in Netherlands, factsheet number 93762, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93762.