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.
Sidel, subsidiary of Tetra Laval, specialised in manufacturing packaging equipment for liquid foods, will cut 15% of its worldwide employees. The first sites to be affected by this restructuring will be São Paulo (Brazil) and Bradenton (Florida). French sites of Le Havre and Octeville-sur-mer will lose a total of 183 employees.
In April 2005, the tribunal canceled the restructuring decision. Sidel management is currently discussing new measures to adapt the costs to the workforce in its activities.
Eurofound (2004), Sidel, Internal restructuring in France, factsheet number 60840, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60840.