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.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
2,800 jobs Number of planned job losses
Announcement Date
12 March 2004
Employment effect (start)
1 January 2004
Foreseen end date
1 December 2007
Description
La Poste, the French postal services, wishes to streamline the organisation of its financial services. The reorganisation process will include the slimming of 2,800 jobs, mainly in back-office functions. Numerous retirements are foreseen until 2010, and a large number of them will not be replaced. 733 posts will already be suppressed in the course of this year.
Sources
12 March 2004: Les Echos
Citation
Eurofound (2004), La Poste, Internal restructuring in France, factsheet number 59624, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59624.