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.
Professional Services Professional Services And Management Consultancy Activities Of Head Offices; Management Consultancy Activities 70.2 - Management consultancy activities
307 jobs Number of planned job losses
Announcement Date
3 August 2009
Employment effect (start)
1 September 2009
Foreseen end date
31 December 2009
Description
Ernst & Young France has announced that nearly 300 jobs out of 4,700 will be cut between September and December 2009. The economic crisis has forced Ernst & Young France, last month, to implement this plan. The measure affects 307 workers or 6.5% of France total workforce.
In March, Ernst & Young France had informed the work council of his intention to establish a plan for voluntary departures. The plan proposes an ‘invitation to voluntary departures'. By August, the 307 affected workers accepted to leave the company on a voluntary basis.
Eurofound (2009), Ernst & Young, Internal restructuring in France, factsheet number 69358, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69358.
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