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.
Subsidiary of Vivendi Universal (Canal+), Canal Numedia is in charge of several internet portals, such as Canalplusfr, iTelevisionfr, etc. The group announced the closure of the company affecting therefore the 67 employees. Following trade unions, 47 employees should be directly dismissed and 20 employees should be transfered to another company of the group, i.e.: Atos Origin. The measure is due to a strategic reorientation of Vivendi Universal concerning its internet activities.
Eurofound (2003), Canal Numedia, Closure in France, factsheet number 59950, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59950.