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.
Wholesale / Retail 47 - Retail trade 47.9 - Intermediation service activities for retail sale 47.91 - Intermediation service activities for non-specialised retail sale
340 jobs Number of planned job losses
Announcement Date
20 March 2007
Employment effect (start)
20 March 2007
Foreseen end date
31 March 2008
Description
Camif is the third largest retailer of consumer goods via mail orders in France. On 20 March 2007, the company announced its plans to cut between 350 and 450 jobs between March 2007 and March 2008 in Niort, where 1,500 people are currently working. 600 workers took part in a general meeting with the trade unions CGT, FO, CFDT, CGC. They criticise the lack of strategy of the company, which is undergoing its third restructuring plan since 2000. On 16 May 2007, after discussion with the trade unions, Camif, in serious financial difficulties, announced the loss of 340 jobs across the whole of its sites where 1,900 people are currently working, including 230 in its main site in Niort (Deux Sèvres).
Sources
24 May 2007: Challenges
16 May 2007: Agence France Presse
19 May 2007: L'Humanité
21 March 2007: Sud Ouest
Citation
Eurofound (2007), Camif, Internal restructuring in France, factsheet number 65151, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65151.
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