An Amsterdam factory specialized in recycling textile waste into new fibers is closing its doors after just eighteen months of operation. The unexpected shutdown of this facility represents a major loss for large-scale garment recycling efforts within the Netherlands.
Based on reporting by parool. Translated and condensed by LocalHeadlines.
Skydance has mandated a five-day office work week globally, raising questions about whether the policy will apply to its 240 employees in Amsterdam. While the company claims the move aims to boost collaboration, legal experts suggest such a strict requirement would likely be legally unenforceable under Dutch labor laws.
The number of millionaire households in the Netherlands increased by 81,000 to reach a total of 547,000 in early 2025, largely due to rising housing prices. Amsterdam specifically saw its count of millionaire households grow to 37,200, continuing an upward trend that has lasted over a decade.
The Dutch bitcoin company Bitonic suffered a cyberattack that resulted in the theft of funds from three customers and the unauthorized alteration of account login information. The platform has since resolved the vulnerability, fully compensated the affected users, and is now advising all clients to update their passwords while an investigation continues.
The Dutch retail chain HEMA is celebrating its 100th anniversary since opening its first store in Amsterdam in 1926. The company, known for its household goods and the popular rookworst sandwich, has evolved over the century to serve a diverse range of customers.
Amsterdam's cultural sector is voicing strong opposition to rising tourist taxes and VAT increases, which are blamed for a significant drop in international museum attendance. The Rembrandthuis is among the institutions facing financial strain due to these policies and a negative shift in public attitude toward visitors.
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