Netherlands -Unprecedented cuts expected at publisher Sanoma -September 20, 2013

Finnish based media company Sanoma is looking at major layoffs in its Dutch publications with editors asked to submit cost-cutting proposals as part of a strategic review. The number of jobs to be cut is still unclear, but Sanoma has already applied for collective redundancies and invited unions for consultations in November for what insiders call a restructuring at an unprecedented scale. Sanoma is also looking for savings and possible divestments in Russia, Hungary and Belgium.

English: http://www.reuters.com/article/2013/09/20/sanoma ...  

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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