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.
Belgian newspaper group ‘De Persgroep’ are to take over Wegener and operate under the new name ‘Persgroep Nederland,’ directly leading to a loss of 275 jobs. These job losses are on top of redundancies that resulted from the internal restructuring of Wegener. The cuts are across the board, both in editing and other departments. The new ‘Persgroep Nederland’ will consist of 11 national and regional news outlets, among these the Volkskrant, Trouw, het Algemeen Dagblad en Het Parool. The new firm employs 2,943 full time employees (of whom 1,400 are editorial staff).
Eurofound (2014), Wegener, Merger/Acquisition in Netherlands, factsheet number 77993, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77993.