cutbacks

KPN Takeover
Nov 28 '18 16:00

KPN will implement 350 million euros in cutbacks over the next three years to accelerate its transition from telephone company to a modern telecom company, the company announced on its investors' day. Whether any jobs will be lost is not yet clear, ANP reports.

One of the cuts the company will make is in labor costs. But that can not be directly translated in a concrete number of full-time jobs being lost, because it also involves the hiring of external staff, a KPN spokesperson said to the news wire. KPN currently employs around 12,600 people full-time. 

Twitter
Dec 21 '16 10:13

Twitter is closing its office in Amsterdam's Zuidas. As of January 1st, an external company is taking over Twitter's advertising sales in the Netherlands. 

Twitter has been struggling with disappointing growth in the number of users and is still operating at a loss. While the latest quarterly figures were reasonably good - revenue increased by 8 percent to 616 dollar - the social media company still suffered a 103 million dollar loss.

Twitter therefore immediately announces a round of sizeable cutbacks. The closure of the Amsterdam office is part of this. 

 

Nov 16 '16 07:48

ABN Amro is implementing more cutbacks that will result in 1,500 lost jobs, the bank announced on Wednesday at the presentation of its qurterly results, the Telegraaf reports.

This new round of cutbacks could yield some 400 million euros in savings and comes in addition to reorganization plans already announced in recent months. The bank currently employs 26,500 people. By 2020 that number will be cut to 23 thousand. 

Marks & Spencer
Nov 8 '16 11:05

British retail chain Marks & Spencer is closing dozens of stores in a number of countries, including the Netherlands, as part of a major cost cutting operation. In the Netherlands the storesi n Amsterdam and The Hague are closing their doors. These stores employ a total of about 160 people, ANP reports.

Worldwide 2,100 jobs will be lost. Marks & Spencer will discuss plans for these employees with the works councils in affected countries, and possibly aso with the unions, accoring to ANP. 

Twitter
Oct 31 '16 16:55

Twitter is downsizing and may be closing the Dutch office on Amsterdam's Zuidas in an effort to cut costs. The company also plans to lay off hundreds of employees worldwide, Het Parool reports.

According to the newspaper, Twitter was in talks with Salesforce, Alphabet and Disney to be acquired. But all three companies dropped out, particularly because of Twitters high costs. 

Twitter is therefore cutting its workforce. This could go hand-in-hand with a number of foreign offices closing, including the one in Amsterdam. 

Jun 8 '16 08:37

KLM CEO Pieter Elbers is concerned that the strike Air France pilots have planned for Saturday, one day after the start of the European Championships in France, will lead to reputation damage that will also effect the Dutch airline. In a message to the KLM staff, he called it a "destructive strike"

Jun 1 '16 13:55

There are possibilities for the next government to make another 50 billion euros in cuts, according to the "menu" the Ministry of Finance sent to all political groups in parliament in strict confidence, but the Volkskrant managed to get hold of.

CUaOri6UYAALXHK
May 23 '16 14:30

In order to maintain the current workforce at KLM, further cuts on wages and working conditions are "inevitable", KLM CEO Pieter Elbers said to Het Parool on Monday. If no cuts are made, the workforce will have to be reduced. KLM therefore wants to implement collective bargaining proposals for its ground staff, despite objections from the unions.

Lufthansa_B737_D-ABXM
Nov 9 '15 12:04

Striking Lufthansa cabin crew members are making an impact on Dutch travelers on Monday. Thirteen of the 929 flights the German airline had to cancel on Monday, were flights to and from Schiphol airport.

Sep 21 '15 11:26

Cutbacks and reorganization in gas company Nederlandsche Aardolie Maatschappij will lead to 2 thousand layoffs next year, mostly in companies that work with NAM.

CCKOSwkWgAAD4ld
Aug 31 '15 12:52

TSN Thuiszorg, the largest home care organization in the Netherlands has announced its 5th reorganization, which will involve 436 permanent employees working as home care assistants being laid off and 218 employees on fixed-term contracts not having their contracts extended. A poll commissioned by union FNV has shown that 85 percent of the Dutch population is against the cutbacks in healthcare.

1280px-KLM_Boeing_B744_PH-BFR
Jul 2 '15 09:32

KLM is decreasing the number of flights in its winter schedule in an effort to compensate for falling revenues, the airline announced on Wednesday.

CIBpT4_UwAAp-W_
Jun 22 '15 09:23

Hundreds of protesters gathered on Dam Square in Amsterdam on Sunday to express their solidarity with Greece. The European Union will hold an emergency summit on the so-called Grexit on Monday. Greece submitted a final proposal, which Jean-Claude Juncker, chairman of the European Commission, called a "good basis" for the summit, NRC reports.

Jun 2 '15 08:51

The National Police are dealing with financial problems that are even bigger than has been recognized up until now. The force management are therefore planning to drastically change course, with measures including giving mayors more power in the police.

Apr 29 '15 12:00

Cuts to items covered under the mandatory basic health insurance package is saving the country less money than expected, reports the Netherlands Court of Audit. Between 2007 and 2013, roughly 250 million euro was saved through the cuts, about half the amount the cabinet predicted under former Prime Minister Jan Peter Balkenende.

KLM Fokker 70
Apr 16 '15 15:00

The head of KLM, Peter Elbers, should return the bonus he received last year, labour union FNV said this week. The union calls the bonus “incomprehensible” in light of cost savings made by the airline, reported De Telegraaf.

Apr 14 '15 09:36

A chronic shortage of security guards at Schiphol is likely to lead to long lines at the airport during the coming holiday peak season. According to De Telegraaf, the work load is so high that there are also gaps in the security controls.

Diederik Samsom
Mar 11 '15 13:57

PvdA leader Diederik Samsom is willing to let the government deficit increase for the safety of Groningen or for tax cuts, he said in an interview Wednesday Het Parool reports.

PostNL
Feb 12 '15 08:47

PostNL is busy with yet another reorganization under the name "Davis Cup", AD reports. This reorganization will cost 150 jobs in the marketing and sales departments and 550 jobs in PostNL's car company.

Feb 11 '15 12:00

Euro-group chairman Jeroen Dijsselbloem (Minister of Finance) is pushing for an agreement to be made with Greece. The talks with Greece has been drawn out by quarreling and threats.

Ivo_Opstelten_(1)
Feb 2 '15 09:57

Dutch security and justice minister Ivo Opstelten and state secretary Fred Teeven no longer need to make any more budget cuts for security, despite the holes in their budget. Cabinet partners the VVD and the PvdA accept that the justice ministry now spends more money than budgeted.

Greece protest
Jan 12 '15 14:13

Dutch Prime Minister Mark Rutte said it would be very strange if Greece chose to exit the eurozone, and dropped their policy measures meant to get the country’s finances in shape. Calling the proposition “bizarre,” he refused to speculate on a possible Grexit, saying only, “I assume that is not going to happen.”

1280px-KLM_Boeing_777-200ER,_PH-BQH,_SIN
Dec 12 '14 11:16

The directors of KLM want to reduce the number of management levels in the company. Some departments have nine hierarchical layers, two of which will be removed.

1280px-Retired_Picnic_at_Otford_Lookout_6748299401-1280x575
Nov 6 '14 10:07

An elderly couple, who is reliant on care, is going to court because of the reforms in health care. They are supported by the umbrella organization for the chronically ill and disabled, Ieder(in).

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