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 Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.4 - Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations
200 jobs Number of planned job losses
Announcement Date
28 October 2003
Employment effect (start)
Foreseen end date
Description
In the framework of its Europewide restructuring plan and due to the stop of several activities of Procter & Gamble, the American group Colgate-Palmolive announced the suppression of 200 jobs in France. 150 jobs will be dismissed at the plant of Compiègne and 50 at the unit of Paris. The group would be considering the transfer of its head office and commercial branch in Geneva. On 1 June 2004, 107 jobs were suppressed at Compiègnes, including 33 retirements. 120 retirements were still planned, leaving the company with more retirement measures than job losses planned. Colgate-Palmolive has to hire new staff to compensate.
Sources
16 May 2004: La Tribune
11 February 2004: Les Echos
28 October 2003: Les Echos
Citation
Eurofound (2003), Colgate-Palmolive, Internal restructuring in France, factsheet number 59973, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59973.
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