Public administration and defence
Public administration and defence; compulsory social security
84.12 - Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Public housing corporation Vestia announced that it will cut 200 jobs in the next two years. Background for the job cuts is the negative financial situation of Vestia.
It is reported that Vestia’s unpleasant financial situation is due to the speculation with financial derivates. The case attracted much media interest as housing corporations such as Vestia are in part public organisations, but increasingly venture out to operate in the private sector.
06-09-2012The Twentsche Courant