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.
The merger of French cable operators, NC Numéricâble, France Telecom Câble, TTC TCE and Câble de l'Est, gave rise to a new entity called YPSO. Hence, the group is planning a restructuring effecting between 500 and 700 jobs out of 1,200. Three hundreds and fifteen employees will be dismissed and 210 will be outsourced. However, management affirms that 170 jobs will be redeployed.
Eurofound (2005), YPSO, Merger/Acquisition in France, factsheet number 61572, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61572.