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.
Management of the French daily newspaper Le Parisien has announced the cut of 35 jobs in Saint-Ouen through voluntary departures. 25 journalists and 10 other employees are concerned. The restructuring plan aims at cutting €3-4million. The department in Saint-Ouen with approximately 260 employees is responsible for the national edition of the newspaper. Management has also announced the cut of around 10% of the staff from the newspaper's regional departments. This could lead to the loss of another 15 jobs. There is no information on when the plan will be implemented.
Eurofound (2009), Le Parisien, Internal restructuring in France, factsheet number 70208, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70208.