ID&T slashes 40% of jobs
The Dutch dance promoter informed staff about plans for a drastic reorganisation which will see 40% of jobs eliminated
News By IQ | 28 September 2020
Netherlands-based electronic dance promoter ID&T today informed staff that 40% of jobs would be lost as the company goes through a drastic reorganisation.
The company, which is known for festivals such as Mysteryland, Defqon.1 Weekend Festival, Amsterdam Open Air and Welcome to the Future, says its core business has come to a “complete standstill” due to Covid-19.
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Staff have been given the opportunity to submit ideas prior to the redundancy plan being finalised but many jobs will be lost.
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