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.
Afibel, a French clothes retail company specialising in sales for seniors and large-size customers, has announced the elimination of 100 positions as part of a job-saving plan in Villeneuve d'Ascq (Nord). The 100 job losses represent a 50 % reduction of the workforce, affecting mainly internal teams that support sales and logistics.
The restructuring follows a difficult financial situation, with a deficit and liquidity challenges that led to judicial restructuring. The company also intends to outsource its customer-relations service to a firm in Mauritius.
Afibel's total workforce is of 200 employees.
Eurofound (2026), Afibel, Offshoring in France, factsheet number 204594, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204594.