Abstract
Firm consolidations can have long-lasting impacts on workers' labour market outcomes. This column examines the consequences of firm takeovers for workers in the Netherlands. The results show that workers of firms targeted by takeovers experience heightened job loss, as well as reductions in employment and income. Takeover-induced job loss is driven by labour restructuring at consolidating firms. Over-placed workers who are paid more than expected based on their human capital and duplicative workers who have skills similar to the workers of the acquiring firm are especially impacted.
Original language | English |
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Journal | VOX EU |
Publication status | Published - 6 Jan 2023 |