Boskalis and CNV Vakmensen Reach Agreement
- Business & Finance
Royal Boskalis Westminster N.V. recently announced that the trade union CNV Vakmensen has agreed to the social plan related to the previously announced fleet rationalization.
Few weeks ago, the Dutch Works Council of Boskalis agreed to the fleet rationalization and the related social plan.
In November, the company will start with the implementation of the plan whereby the timing of the workforce reduction also depends on factors such as the current deployment of vessels and national legislation.
Where possible the workforce reduction will be absorbed through attrition and redeployment.
Despite this, compulsory redundancies can unfortunately not be ruled out.
As a reminder, earlier this year Boskalis completed its fleet rationalization study. Based on the results of the study it has been decided to take 24 vessels out of service in the coming two years. This will result in the loss of approximately 650 jobs worldwide during this period.