Company/Organisation:
VNU Marketing Information
Geographic Location
Country:
World
Company
Sector:
Professional services
Legal, accounting, management, architecture, engineering, technical testing and analysis activities
70 - Activities of head offices; management consultancy activities
Number Employed:
38000
Group:
VNU
Employment Effects
Announcement Date:
16-12-2003
Planned Job Reductions min:
700
Planned Job Reductions max:
700
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-12-2003
Foreseen End Date:
01-12-2006
Additional Information
In the frame of "Project Atlas", VNU will take in 2003 a reorganisation charge of approximately 30 million euros. Over a three-year period, Marketing Information is expected to reduce its workforce by almost 700 FTEs, part of which will come from natural attrition.
Sources:
16-12-2003VNU - Press release
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