Type
Internal restructuring
Country
France
Region
île de France;
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58 - Publishing activities

111 jobs
Number of planned job losses
Job loss
Announcement Date
2 June 2009
Employment effect (start)
1 October 2009
Foreseen end date
31 December 2009

Description

Dutch publisher Wolters Kluwer has announced the loss of 111 jobs in France. The job cuts are part of a restructuring programme affecting all employees in France between October and December 2009.

In the meantime, the management expressed its will to achieve its goal via voluntary departures and internal transfers. This plan is in line with the earlier announced strategy of Wolters Kluwer. Negotiations with the trade unions and the company's works council have started, and a strike is planned for June 25th and 26th. Wolters Kluwer France is currently struggling under declining advertising revenues.

Wolters Kluwer is a Netherlands-based company that provides products and services globally for professionals in the health, tax, accounting, corporate, financial, legal, and regulatory sectors. It maintains operations in Europe, North America and Asia Pacific. 


Sources

  • 25 June 2009: Stratégies Newsletter
  • 25 June 2009: CB Newsletter
  • 18 June 2009: La Correspondance de la Presse
  • 2 June 2009: La Tribune (www.latribune.fr)

Citation

Eurofound (2009), Wolters Kluwer France, Internal restructuring in France, factsheet number 69129, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69129.