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.
Charal, a French meat processor, is cutting 200 jobs—two-thirds of the workforce at its Sablé-sur-Sarthe site (Pays de la Loire). The company is transferring the slaughtering and deboning activities to four nearby sites in France.
Following the October 2023 announcement of its pork business closure, the site will also discontinue its beef line in the coming months, with the slaughtering unit set to close by early 2025. The site will then be converted into a logistics platform. This is part of an internal restructuring plan ordered by the Group Bigard.
The majority of job losses will occur through natural attrition, with a significant number of retirements. Internal transfers will also be encouraged.
Eurofound (2024), Charal, Relocation in France, factsheet number 201701, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201701.
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