Type
Bankruptcy
Country
France
Region
Départements d\'Outre-Mer; Réunion;
Location of affected unit(s)
Sector
Retail
Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles
Sale Of Motor Vehicles
45.1 - Sale of motor vehicles

104 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2011
Employment effect (start)
1 February 2011
Foreseen end date
31 May 2011

Description

Citroën, which has been in receivership since the end of 2010, has been taken over by the CFAO group. The international car distributor plans to reduce Citroen's workforce by 104 employees.


Sources

Citation

Eurofound (2011), Foucque, Bankruptcy in France, factsheet number 71488, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71488.