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 Seb Group, a French leader in small domestic appliances, is cutting 500 jobs in France, as part of a worldwide restructuring that will see up to 2,100 jobs cut: SEV=B 2026 - WO.
The aim of the restructuring is to facilitate further growth and adapt to an increasingly competitive international market. The management has presented their plan to the trade unions. In France, production lines will not be affected, rather the changes will impact the finance and Human Resources departments, as well as logistics, marketing, and product development. Management has stated they will not force departures, and will favor voluntary departures. The company also plans to invest in artificial intelligence, and social media, and close the gap between production lines and the research and development team.
In the rest of Europe, 900 job cuts are likely. The other 700 job cuts will take place outside of Europe equally, with the exception of Egypt, Turkey, and Brasil, who will be further affected.
In the world, the Seb Group employs 32,000 employees, including 6,200 in France.
Eurofound (2026), SEB, Internal restructuring in France, factsheet number 204364, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204364.
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