V&D: no pay cuts; but layoffs

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V&D VandD. Picture: Wikimedia Commons/Dqfn13

V&D has reached an agreement with the unions. The company will not cut its employees' wages, but to make this possible, a reorganisation will be necessary.

A total of 400 jobs will be scrapped in this reorganisations, NOS reports. The company has already drawn up a social plan for the employees that become redundant.

The new collective bargaining agreement further states that employees will have to give up a holiday once off. The seniority scheme has also been cut back.

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