A Dutch court has ordered office supplies company 123inkt to pay more than €500,000 in severance to its former executive, Jan Vos. The judge ruled that the company failed to make sufficient efforts to improve the situation before dismissing him in 2025.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
While 44 percent of supervisory board members in Dutch listed companies are now women, executive boards remain heavily male-dominated with 55 out of 81 firms lacking any female leadership. Although the gender quota for supervisory roles is being met, progress in executive boards is slow, leading to calls for more stringent measures.
Barclays plans to cut thousands of jobs to reduce costs and increase efficiency through the use of artificial intelligence. The announcement follows disappointing third-quarter financial results, particularly within the bank's bond trading division.
Viaplay reported a sharp decrease in quarterly losses and has finalized the sale of its Dutch operations to DPG Media for 142 million euros. The acquisition, which includes key sports broadcasting rights, received approval from the Netherlands Authority for Consumers and Markets and will see current user services remain unchanged for now.
Existing home prices in the Netherlands fell by 0.4 percent in September compared to August, though they remain 2.9 percent higher than the previous year. While the rate of price growth has slowed, houses are still significantly more expensive than they were during the peak in 2022.
The Dutch construction sector requires 73,000 new workers by 2030 to handle major infrastructure and housing projects. The industry faces significant challenges, including stiff competition from the defense sector for technical staff and a declining influx of foreign labor.
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