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.
Altadis, a subsidiary of Imperial Tobacco, has announced that it is to cut about 1,060 jobs in France by the end of 2010. The group plans to close down factories in Strasbourg (228 workers) and Metz (130 workers) and reduce the number of employees at sites in Riom, Le Havre, Les Aubrais and at the headquarters in Paris. The job cuts are part of a larger restructuring programme affecting several European locations (see Factsheet 11219). Altadis employs 4700 workers in France.
Eurofound (2008), Altadis, Internal restructuring in France, factsheet number 69077, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69077.