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.
France Telecom, the French telecommunications company, announced on 28 January 2005 that 5,500 jobs would be suppressed in France by the end of 2005. This decision will be made possible thanks to 8,500 retirements expected for 2005. However, the company affirmed that 3,000 jobs would be created during 2005. However, these 3,000 jobs include 1,800 part-time positions in marketing and sales divisions, mostly performed by students, for which these contracts are not term contracts.
Eurofound (2005), France Télécom, Internal restructuring in France, factsheet number 61110, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61110.