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.
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
130 jobs Number of planned job losses
Announcement Date
20 November 2003
Employment effect (start)
Foreseen end date
Description
FCI Electric France, subsidiary of Areva, announced a restructuring plan affecting 130 jobs out of 290 in France. The measure is due to large competitor relocation in Asia and a third consecutive loss. Two plants are affected: Fressenneville, where the domestic production will be concentrated, and Evreux, where the export production will be outsourced. Job reductions will mostly take place at the plant of Evreux. Out of 130 jobs, 44 will be reduced through early retirment measures.
Sources
20 November 2003: Les Echos
Citation
Eurofound (2003), FCI Electrique France, Internal restructuring in France, factsheet number 59088, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59088.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...