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.
Schneider, the electrical apparatus manufacturer, will shed 318 jobs in France before the end of 2005. The job reduction plan adds up to the one of last year, involving 600 dismissals. This time there will be no direct dismissals, but only voluntary departures, early retirement measures and social accompaniment for business start up. Most of the affected jobs are located in the regions of Paris and Grenoble.
Eurofound (2004), Schneider Electric, Internal restructuring in France, factsheet number 60473, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60473.