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.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
100 jobs Number of planned job losses
Announcement Date
2 February 2011
Employment effect (start)
1 January 2012
Foreseen end date
Description
On 5 October 2011, unions protested to put pressure on the management of US pharmaceutical group Schering-Plough which had announced, in February, a redundancy plan at their site in Hérouville-Saint-Clair (428 employees).
Some 100 jobs are expected to be cut at the site. However the management decided to freeze the restructuring until 31 December 2011 and, meanwhile, find a company to take over the pharmaceutical activities of the site.
CGT union representative Joël Boyer said management has indicated that due to lack of buyer for the pharmaceutical part of the site, production will be transferred to Germany and the Netherlands. The restructuring plan is a consequence of the process of merging with fellow US pharmaceutical company Merck. When the merger was announced, Merck indicated that 15% of the global workforce of the two groups would be cut.
Eurofound (2011), Schering-Plough, Merger/Acquisition in France, factsheet number 72542, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72542.
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