Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55.1 - Hotels and similar accommodation

767 jobs
Number of planned job losses
Job loss
Announcement Date
13 January 2021
Employment effect (start)
1 April 2021
Foreseen end date

Description

AccorInvest, a subsidiary and main operator of hotels under the Accor banners, announced the elimination of 1,880 positions in Europe, that is approximately 10% of its workforce, including 767 job cuts in France. In the hotels, 303 jobs will be cut in particular among the floor staff, and 218 others in the catering sector. 136 would be cut in parallel in administrative functions. In addition, 58 jobs in the design, construction and technical department would be cut. First employment impacts will occur after negociation with trade unions are concluded, in the first semester of 2021.

AccorInvest is 30%-owned by the Accor group, which announced 300 job cuts in France in October 2020


Sources

Citation

Eurofound (2021), AccorInvest, Internal restructuring in France, factsheet number 103002, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103002.