On 11 July, the Dutch Council of Ministers approved a bill aiming to better protect employees in the event of company bankruptcy, submitting it for review by the Council of State. The so-called ‘WOVOF’ bill (works and employment restructuring act) aims to ensure that the purchaser of a bankrupt company takes on “all its employees”. They would only be allowed to deviate from this rule if the company’s economic situation requires job cuts (decline in customer numbers, relocation or...
Do you have information to share with us?