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 the 27th of April 2012, 409 employees of the supermarket network Coop Alsace received their dismissal letters. This happened in the framework of a plan of voluntary departures announced in October 2011. It was originally planned that the dismissals will take place on 1 November 2011, but the management delayed the decision.
Currently, the group is negotiating a merger with two competitors, Casino and Leclerc, where new job cuts may occur.
Eurofound (2012), Coop Alsace, Internal restructuring in France, factsheet number 71059, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71059.