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.
The French nickel mining company Société Le Nickel will cut 285 jobs. This is part of a cost-cutting plan that aims at reducing annual costs by €90 million by 2012. The company said that it will avoid direct dismissals.
56% of the company is owned by Eramet. Société Le Nickel currently employs 2385 people.
Eurofound (2009), Société Le Nickel, Internal restructuring in France, factsheet number 69870, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69870.