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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
474 jobs Number of planned job losses
Announcement Date
12 September 2003
Employment effect (start)
Foreseen end date
1 January 2005
Description
Bayer CropScience announced a French restructuring plan affecting 474 workers on an actual of 2125. A social plan is set up for 320 workers, in which 245 early retirments and 75 mutations in Germany. The rest, 154 are end of short-term contracts and temporary worker contracts.
Sources
12 September 2003: Les Echos
Citation
Eurofound (2003), Bayer CropScience, Internal restructuring in France, factsheet number 59651, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59651.