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.
Euralis, a French producer of foie gras, has annouced 120 job cuts. The cuts will be implemented until mid 2010 and are associated with the relocation of production activities from company's site in Lignol (Morbihan) to Herbiers and from Saint-Laurent-sur-Manoire (Dordogne) to Sarlat (Dordogne). The decision is blamed on the considerable slump in demand for foie gras on French as well as European markets. At present, the company employs 1880 workers in France.
Eurofound (2009), Euralis Gastronomie, Relocation in France, factsheet number 68932, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68932.