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.
(86 - 88) Health / Social work 88 - Social work activities without accommodation 88.9 - Other social work activities without accommodation 88.91 - Child day-care activities
400 jobs Number of planned job losses
Announcement Date
24 May 2013
Employment effect (start)
Foreseen end date
Description
Estro, the largest child care provider in the Netherlands is to cut 400 jobs. The restructuring is on top of previously implemented job cuts in 2012 and part of a cost saving plan. As mentioned, the rising unemployment rates as well the government cuts in child care subsidies explain the recorded 30% drop in demand during 2012-2013. A social plan on collective redundancies is under discussion between the company and the trade unions. The timeline of the restructuring has not yet been announced.
Sources
24 May 2013: Het Financieele Dagblad
Citation
Eurofound (2013), Estro, Internal restructuring in Netherlands, factsheet number 75658, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75658.
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