Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

180 jobs
Number of planned job losses
Job loss
Announcement Date
28 September 2012
Employment effect (start)
1 April 2013
Foreseen end date
3 October 2013

Description

On 27 September, the insurance group Groupama has announced a restructuring plan, which will result in the loss of 180 jobs within its logistic and computer division Groupama supports et services (G2S).

Groupama has launched a restructuring of its holding, last June, with 170 job cuts (see Factsheet) and another in its insurance subsidiary GAN, in July (but the precise number of job losses is currently not available). These restructuring processes are meant to increase the financial strength of the company and to reduce costs by around 400 million euro. The management will open a voluntary departure plan to avoid forced dismissals.


Sources

  • 28 September 2012: Les Echos (www.lesechos.fr)
  • 27 September 2012: AFP-Liaisons

Citation

Eurofound (2012), Groupama supports et services, Internal restructuring in France, factsheet number 74219, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74219.