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 management of Doux, the French poultry breeder leader in Europe, has announced at a Works Councils meeting, that it plans a restructuring in some of its sites, which will cut more than 700 jobs. Three sites will be closed down: Locminé (451 jobs), Châtelet (154 jobs) and Pleucadeuc (62 jobs). A few months ago the management had explained the difficulties encountered by the group in the light of increasing prices of cereals and energy on the one hand, and the euro-dollar parity, which is penalizing for such a group specialized on export, on the other.
Eurofound (2008), Doux, Closure in France, factsheet number 66861, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66861.