Heineken, Shell, ABN Amro,…: list of corona layoffs growing fast | Financial

For Heineken, the grapes have been sour for quite some time. Last year, major events, such as festivals, ended and the hospitality industry in many countries has long been dry with the tightening of the corona rules in the second wave. Due to the uncertain outlook for the current year, the beer group is forced to give up 7,000 employees worldwide, 300 of whom are in the Netherlands.

Shell suffered heavily from the corona disaster last year. The massive drop in demand for oil following the pandemic outbreak caused the oil price to plummet, causing the oil and gas giant to lose $ 20 billion in 2020. In order to significantly reduce costs, Shell intervened hard by cutting 7,000 to 9,000 jobs worldwide.


The corona crisis is also noticeable at ABN Amro. The bank, which is still partly owned by the Dutch State, has already had to make substantial replenishment of the noose pool in the past year, as a precaution against a possible wave of bankruptcies in troubled small and medium-sized businesses. In the coming years, ABN Amro will cut 15% of the total number of jobs (2,800) and sell the head office at the Amsterdam Zuidas.

Industry colleague ING will also tighten his belt considerably. To absorb the blows of the corona crisis, the Dutch banking group, where the new CEO Steven van Rijswijk has taken the helm as successor to Ralph Hamers, will cut 1,000 jobs worldwide.

Heavy switch

And another crown jewel of the Netherlands BV that should spend the money: the extensive support package from the Dutch government is necessary to keep KLM afloat in the corona crisis, but then thousands of jobs will be lost at the airline. Sister company Air France is also shrinking due to the pandemic.

And people at BAM also have to fear for their job. The builder, led by Ruud Joosten since 1 September, announced this autumn that it wanted to save € 100 million, partly by employing fewer people. It seems that there are a thousand men to leave in Bunnik, but negotiations about the exact number are still ongoing.

Booking site Booking is also not about roses. The long-term advice to tourists to avoid traveling abroad to prevent the spread of the corona crisis is putting a heavy burden on the activities of the originally Dutch company, which is listed on Wall Street. In August last year, Booking announced that it would lay off a quarter of its 17,500 employees to deal with the corona crisis.

Are we heading for a ‘Roaring Twenties’ or does the recovery of our economy need a boost? Martin Visser discusses this in a new episode of the podcast ‘Matter of Pennies’:

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Source: De Telegraaf by www.telegraaf.nl.

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