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.
GDE (Guy Dauphin Environnement), which recycles industrial products, is to lay off 140 workers at 56 sites across France. 10 voluntary redundancies have already taken place, according to Bruno Le Sech, the general secretary, and another 130 are sought.
The company is targeting 18 positions across 4 sites in the Loire Atlantique Department.
GDE specialises in recycling ferrous and non-ferrous metals, plastics, paperboards, batteries and industrial waste. The company has experienced a decline in activity due to the crisis in the construction and automobile industries.
Eurofound (2008), Guy Dauphin Environnement, Internal restructuring in France, factsheet number 68236, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68236.