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.
On 22 August, supermarket chain Jumbo announced a social plan affecting 500 to 600 employees. Reason for the redundancies is the integration of Jumbo and the C1000 chain, which was taken over by Jumbo.
Job losses will mainly take place at the head offices of Jumbo and C1000. The number of employees will be reduced from 1,300 to around 700.
Eurofound (2012), Jumbo, Merger/Acquisition in Netherlands, factsheet number 74040, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74040.
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