Wednesday, October 8, 2014

Knife in jobs at BAM – Telegraaf.nl

Knife in jobs at BAM – Telegraaf.nl

Amsterdam –

Construction company BAM eliminates 650 jobs, especially office functions in the Netherlands. That made the company announced Wednesday. BAM in our country about 9700 employees

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The reorganization is part of a previously announced program to 100 savings. million in costs This purpose has been achieved at the end of 2015. Working capital should also be reduced. Durable with 300 million The one-time restructuring costs are estimated at 80 to 100 million.

BAM adds 12 companies in the Netherlands together into two divisions, one for construction and real estate and infrastructural projects. The part to public-private projects remains separately. Also in Belgium grabs the company. There, all six companies merged into a single business unit.

According to Rob van Wingerden, who earlier this month Nico de Vries relieved as chief executive in the country’s largest construction company, the measures needed to improve the results. Who were lately under pressure from poor market conditions and setbacks at some major projects

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