Type
Bankruptcy
Country
France
Region
Location of affected unit(s)
All units
Sector
Health / Social Work
Residential Health Care And Social Work
Residential Care Activities
87 - Residential care activities

260 jobs
Number of planned job losses
Job loss
Announcement Date
28 February 2011
Employment effect (start)
1 May 2011
Foreseen end date
9 March 2013

Description

On 28 February, the public housing group Adoma announced its intention to cut 260 positions in the next two years (10% of the workforce) based on retirement departure (for 140 positions) and a voluntary departure plan (for 120 positions). The management wants to avoid compulsory dismissals.


Sources

  • 1 March 2011: Le journal de Saône et Loire
  • 28 February 2011: Cbanque.com (www.cbanque.com)

Citation

Eurofound (2011), Adoma, Bankruptcy in France, factsheet number 71697, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71697.