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.
Safran, a French aerospace group, announced the closure of its Mantes-la-Ville plant, that employs about 500 staff, resulting in 112 job losses. 300 employees will be transferred to sites in Vernon and Saint-Ouen-l’Aumône by 2027. The closure will be completed by the end of 2030.
The decision follows the 2025 acquisition of Collins Aerospace activities, prompting a consolidation of actuation production and an effort to modernise tooling. It also reflects broader cost optimisation and rationalisation following strong performance at the site.
Trade unions, FO and CFDT, have protested, calling the move unjust despite the plant's productivity. Negotiations with management remain pending as workers seek assurances for internal redeployment within Safran.
Several large-scale restructurings have been recorded in the ERM database, with the latest in Safran Electronics and Defense 2026 - FR.
Eurofound (2026), Safran, Closure in France, factsheet number 301174, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301174.
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