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.
On 15th June, the management of Goss International announced its intention to reduce its workforce by 240 and to shut two of the company's sites. Prior to this announcement, a court ruled against a social plan to cut 120 jobs. Management had sought to obtain agreement from the works council to reduce the workforce via voluntary redundancies. On 16th September the company's management announced to the works council that it intends to make 329 posts redundant and to create a further 18.
Update: On December 21st, 2010 the company announced that the agreement with the works council includes approximately 300 redundancies.
Eurofound (2010), Goss International Montataire, Internal restructuring in France, factsheet number 70917, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70917.