EMCC European Monitoring Centre on Change

Interparking

Company/Organisation:
Interparking

Geographic Location

Country: Belgium

Company

Sector: Administrative services
Administrative and support service activities
82.99 - Other business support service activities n.e.c.
Number Employed: 376
Group: AG Real Estate

Employment Effects

Announcement Date: 21-10-2020
Planned Job Reductions min: 95
Type of Restructuring: Internal restructuring
Employment Effect Start: 31-10-2020

Additional Information

Interparking, an international parking services provider, has announced the dismissal of about quarter of its employees. Concretely this amounts to around 95 people. The main reasoning behind the restructuring measure is related to the current Covid-19 crisis. The crisis has led to strict measures that discouraged people going to their workplace and instead encouraged them to work from home. In addition, the different travel restrictions have reduced activity at the airports, which is an important source of income for the company. A secondary reason is the fact that in large cities like Brussels, policy increasingly tries to discourage people from using their cars to enter the city, in order to reduce traffic.

Sources: