Company/Organisation:
DSM
Geographic Location
Country:
World
Location of affected unit(s):
Waalwijk, The Netherlands and unspecified plants in other countries
Company
Sector:
Manufacturing
Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
Number Employed:
22000
Employment Effects
Announcement Date:
24-10-2011
Planned Job Reductions min:
200
Planned Job Reductions max:
200
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-11-2011
Foreseen End Date:
31-12-2013
Direct Dismissals:
50
Other Job Reduction Measures:
150
Additional Information
DSM, a manufacturer of chemical products for health and nutrition, aims to reduce its headcount by 200 jobs globally. Most of the jobs will be lost in Waalwijk (the Netherlands), where the company intends to reduce their staff by 90 people (coming from 450 employees). Another 40 jobs will be lost in other Dutch plants. An additional 70 jobs will be lost in other countries.
The Waalwijk plant specializes in resins and functional materials, products that are facing reduced demand from the construction industry.
DSM stresses that a large portion of the job losses can be achieved through "soft job reduction", for example non-renewal of temporary fix-term contracts. The company estimates that the restructuring will involve only 50 direct dismissals.
Sources:
24-10-2011Dow Jones Newswires
24-10-2011Volkskrant
Sources Links:
http://www.volkskrant.nl/vk/nl/2680/Economie/article/detail/2986920/2011/10/24/DSM-schrapt-200-banen-waarvan-130-in-Nederland.dhtml
http://www.fnvbondgenoten.nl/nieuws/nieuwsarchief/2011/oktober/416312_reorganisatie_dsm_resins_in_strijd_met_cao/
http://www.beurs.nl/nieuws/Binnenland/3127902/dsm-schrapt-200-banen-bij-onderdeel-resins