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.
Mail-order company Neckermann has announced that it will cut 185 jobs in the Netherlands. The company was declared bankrupt in June 2014 but was restarted on the following day. Just 15 employees will be retained by the company. According to the sources, the jobs will be lost in the processing department and at the company’s call centre.
According to the sources, several suppliers, customers and employees have criticised the bankruptcy and restart, which they claim was planned and has no legal basis in the Netherlands.
The ERM previously reported on restructuring at the company in 2012 and 2006.
Eurofound (2014), Neckermann, Bankruptcy in Netherlands, factsheet number 77288, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77288.