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.
Newell Rubbermaid announced the restructuring of its 'house ware' division in France ('home fashion' branch composed of Céanothe holding and Panodia). The social plan hits 322 jobs over 830: 189 are direct dismissals and 133 will be transfered to other units. The measure involves the closure of two units: 'Céanothe' at Vénissieux (168 workers) and of 'Panodia' at Neung-sur-Beuvron (89 workers). As well as the closure of four warehouse at Limousin, Sologne, Yveline and Rhône.
Eurofound (2003), Newell Rubbermaid, Internal restructuring in France, factsheet number 59236, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59236.