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 26 June 2014 insurance group Achmea announced that it will sell all of its fitness centres. 19 centres will be sold to Fitland and 12 will be closed as well as the head office. The measures will result in the loss of 126 full time equivalent jobs. In 2013, the centre made a loss of € 6 million. The centre had been acquired in 2000, with the idea of offering insurance clients discounts when they made use of the centres. However, they faced strong competition from cheaper gyms. The timeline of the job losses has not been announced but will presumably take place in the second half of 2014.
Eurofound (2014), Achmea, Closure in Netherlands, factsheet number 77287, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77287.