Type
Bankruptcy
Country
France
Region
Centre-Est; Rhône-Alpes; Rhône
Location of affected unit(s)
Lyon
Sector
Professional Services
Market Research And Advertising Services
Advertising And Market Research
73.20 - Market research and public opinion polling

150 jobs
Number of planned job losses
Job loss
Announcement Date
7 January 2021
Employment effect (start)
18 January 2021
Foreseen end date
1 February 2021

Description

The Commercial Court of Lyon has ordered the compulsory liquidation of Entreprise de Sondage Lyon (ESL), a former subsidiary of TNS Sofres. The company, bought from the Kantar group in 2018 by Hichem Guerfali, has a debt of €2 million, according to the SUD trade union, which points to systemic delays in the payment of salaries in 2020. Out of the 150 employees, permanent staff, around 100, should be made redundant at the end of January with the implementation of an employment safeguard plan.


Sources

Citation

Eurofound (2021), Entreprise de Sondages de Lyon (ESL), Bankruptcy in France, factsheet number 103008, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103008.