Transavia's new CEO Paul Terstegge announced significant cost-cutting measures to achieve an eight percent profit margin. These cuts will lead to job losses among support staff at the company's headquarters at Schiphol.
Based on reporting by haarlemsdagblad. Translated and condensed by LocalHeadlines.
Albert Heijn has restored its website and app following a cyberattack that caused a week-long outage across Ahold Delhaize platforms. Customers can access account features immediately, while the ability to place new grocery orders will resume this Friday.
Despite 21 rounds of European Union sanctions against Russia, some businesses continue to profit by using third-party countries to bypass export restrictions. Experts warn that while such trade is lucrative, it carries significant legal risks, including criminal prosecution and prison time for those who intentionally circumvent these measures.
Stellantis plans to hire hundreds of new engineers as part of a multi-billion euro investment strategy running through 2030. While the company aims for growth, it is also being sued by several organizations over claims that it installed illegal emission-cheating software in Fiat camper vans.
Private rental properties in Amsterdam have decreased by 18 percent in three years as landlords sell their units due to new rent control laws and increased taxation. While this shift favors buyers, it creates a significant housing crisis for students and individuals who cannot afford to purchase property in the city.
The Dutch housing market is seeing a cooling trend as rising mortgage interest rates reduce the frequency of overbidding. While buyers have more breathing room, industry experts caution that this shift is driven by current financial pressures and could reverse if interest rates drop.
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