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 27 June 2012, the car manufacturer Renault announced a restructuring plan of its site of Flins (Yvelines), which will result in the loss of 300 jobs by 2014. Currently, the plant employs a total of 3,100 people. Redundancies will mostly affect administrative staff, cleaning and care services.
The management aims to avoid forced dismissals and will implement early retirements and internal mobility. The aim is to increase the competitiveness of the plant that will produce two new cars in the coming months, the electric car Zoé and the Clio IV.
Eurofound (2012), Renault, Internal restructuring in France, factsheet number 73809, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73809.