EMCC European Monitoring Centre on Change

TSN care

Company/Organisation:
TSN care

Geographic Location

Country: Netherlands

Company

Sector: Health / social work
Residential care and social work activities
87.10 - Residential nursing care activities

Employment Effects

Announcement Date: 16-03-2016
Planned Job Reductions min: 6500
Planned Job Reductions max: 11000
Type of Restructuring: Bankruptcy

Additional Information

TSN Care, the home help agency was declared bankrupt in mid-March, with the loss of up to 11,000 jobs.

TSN Care faced five reorganizations in 2015, which resulted in over four thousand job losses. The management explained that reorganisations were the result of cuts made to the public funding for home care.

TSN has more than forty branches spread throughout the country: in the provinces of Groningen, Drenthe, Overijssel, Gelderland, Flevoland, Utrecht, North Holland and South Holland. Headquartered in Almelo. TSN provides services to about sixty thousand elderly and needy persons.

Updated, April 2016: at least 2,500 of the TSN Care staff who lost their jobs due to the firm's bankruptcy have been taken on by private non-profit care home provider Buurtzorg.