Since 2011, the Federal Public Service for Employment, Labour and Social Dialogue has published quarterly statistics on collective redundancies on their website. The number of collective redundancies announced at the end of September 2020 is already remarkably high: 6,811 workers. Compared to previous years, this is a clear increase. The coronavirus crisis is making itself felt, as expected, in the loss of jobs.
Since 2011, the Belgian Federal Public Service Employment, Labour and Social Dialogue has published quarterly statistics on collective redundancies on the website employment.belgium.be. The number of collective redundancies announced in 2018 was around 6,027. This represents an increase compared with the remarkably low figure of 3,829 in 2017. In 2019, the number went back up again in line with 2018, reaching 5,087 announced collective redundancies.
A company merger, company sale, bankruptcy or voluntary closure can all be a reason for a company to wind down. Labour law provides for strict procedures for companies planning to wind down. Companies that do not comply with these procedures risk severe criminal sanctions.