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.
L'Oréal has announced the creation of 400 permanent jobs in 2023 in the fields of tech, data and digital. In June, half of the recruitments had been made, leaving 200 positions to be filled by the end of the year. The group is banking on technical innovations to develop not only new beauty products, but also digital solutions and tools.The new recruits will be working on technological solutions such as the Kérastase brand's 'K-SCAN' camera, which uses AI to diagnose the scalp, or the 'Meta Profiler' tool, which analyses the skin. The company is looking for data analysts, data scientists, cloud and data experts, web 3.0 engineers, cybersecurity experts, product owners and portfolio managers. Around half of the new recruits are recent graduates and the other half will be experienced profiles.
The Group forecasts a similar rate of recruitment in 2024.
Eurofound (2023), L'Oréal, Business expansion in France, factsheet number 109295, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109295.