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.
Rotterdam Ahoy, a centre for cultural and sports events and business conferences, has announced it will cut 40% of its 270 jobs. As a result of the corona pandemic, the centre has been closed from March 13 until the end of June. Since the re-opening in July, business could only be restarted on a very limited scale. The company says job cuts are necessary to guarantee the continuity of the firm. The job cuts will mainly affect employees with temporary or flexible contracts, but will also affect some employees with a permanent contract. The company is working on a social plan.
Rotterdam Ahoy is an event location for concerts, sports events (including the annual World Tennis Tournament) and business conferences. Ahoy was also scheduled to be the host of the 2020 Eurovision Song Contest.
Eurofound (2020), Rotterdam Ahoy, Internal restructuring in Netherlands, factsheet number 101536, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101536.
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