Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
As a consequence of the economic crisis generated by the Covid-19 pandemic, Liebherr Aerospace management and trade unions are negotiating a plan for a hundred or so voluntary departures among the 1,500 employees of this aeronautical subcontractor. The activity of this subsidiary of the German group Lieberrh, specialising in aeronautical air systems, is expected to fall by 40% in 2020, according to its management.
The latter, which assures that it does not want to proceed with forced dismissals, first set up a short-time working scheme, then froze salaries, put an end to temporary jobs and sharply reduced the use of services. It has also proposed an adaptation plan to the trade union organisations. The first consists of using the Long-Term Partial Activity (APLD), a scheme co-financed by the State and public employment service, for sectors affected by the Covid-19 crisis. The second involves the implementation of a voluntary departures plan for around a hundred people out of the 1,500 employed by Liebherr Aérospace: 1,300 at Toulouse (Haute-Garonne) and 200 at Campsas (Tarn-et-Garonne). One third of these departures would concern production and two thirds would be for other company functions, notably the purchasing department and human resources.
Eurofound (2020), Liebherr Aerospace, Internal restructuring in France, factsheet number 101876, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101876.
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