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 car manufacturer Renault has announced it intends to recruit a further 4,700 employees between now and 2014. In 2011 alone, according to Carlos Ghosn on 23rd January, 2,400 employees will be recruited for France alone. The company will recruit 2,000 employees on permanent contracts and 2,700 young workers on apprenticeship and "contrats en alternance" (work/study training programmes). Meanwhile, the company has launched a voluntary redundancy scheme based around those occupations regarded as physically demanding, which will involve 3,000 older workers. Of the 2,000 new employees which will be recruited on permanent contracts only 600 will be blue-collar workers, while the remaining 1,400 will be for white collar positions.
Eurofound (2011), Renault, Business expansion in France, factsheet number 71484, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71484.