salary cuts

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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"

450px-Nieuwsteeg_12_te_Hoorn
Feb 9 '15 14:29

V&D will shrink each of its 63 branches in return for the landlords of V&D department stores handing in 25 million euro in rent. That is the result of the final meeting between V&D and the landlords of its stores. V&D owner Sun Capital still hast to approve this agreement.

450px-Nieuwsteeg_12_te_Hoorn
Jan 19 '15 14:18

As of February V&D personnel will receive 5.8 percent less salary. 50 of the 450 jobs will also be cut at the headquarters. According to the department store, these measures are necessary to be competitive.

Paiement_euros
Oct 1 '14 16:07

Almost half of the employers in the Netherlands asked their staff to take a lower position and less salary last year.

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