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.
The French household appliances manufacturer Brandt is cutting 700 jobs. The group was placed under court-order restructuring last October, before the Nanterre Commercial Court ordered its judicial liquidation.
Hit hard by the difficult conditions affecting the major household appliances sector and by the real estate crisis, which has led to a 3.9% decline in sales, the company is eliminating 700 positions, 350 of them at the Saint-Jean-de-la-Ruelle site and 93 at Vendôme.
Employees have around twenty days to decide whether or not to enroll in a professional job security scheme (CSP). Those who do not choose this option will have to register with France Travail. From January onwards, job-dating events will be organized.
Restructurings have been recorded in the ERM database : Brandt France 2016 - FR
Eurofound (2025), Brandt, Bankruptcy in France, factsheet number 203850, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203850.
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