EMCC European Monitoring Centre on Change



Geographic Location

Country: Netherlands


Sector: Construction
41 - Construction of buildings
Number Employed: 19500
Group: Royal BAM Group

Employment Effects

Announcement Date: 30-09-2020
Planned Job Reductions min: 1000
Type of Restructuring: Internal restructuring

Additional Information

Construction company BAM has announced a reorganisation, aiming to cut costs for a total of €100 million next year. The reorganisation plan includes around 1,000 job cuts, in all parts of the company. The reorganisation was already deemed necessary after several construction projects showed large losses last year, but it became even more urgent due to more difficult market conditions as a result of the COVID-19 pandemic. The exact number of jobs cut depends on the outcome of negotiations with employees' respresentatives, which will start shortly.

Royal BAM Group is a Dutch construction company with 19,500 employees in five European countries. Earlier this year, the company announced the ceasing of the activities of BAM International, operating outside of Europe.