An appropriate response
National and international companies must always respond adequately to changes in their environment. Economic, tax or technological developments may put a company’s continuity at risk.
Following reorganisation, outsourcing or the sale of (part of) the company, staff layoffs may be unavoidable. But even if there is no imminent risk to the company’s continuity, it may be necessary to lay off staff or to set up the company more efficiently to maintain its profitability.
In restructuring, a company will have to consider its various stakeholders: the trade unions, the works council, the Employee Insurance Agency (Uitvoeringsinstituut Werknemersverzekeringen, UWV), the Social and Economic Council (Sociaal-Economische Raad, SER) and the employees. A good strategy and cost analysis and good project management are essential for a smooth restructuring.
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