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.
The bank Dexia has announced to cut up to 312 positions out of a total of 1,110 in France. This is part of a larger restructuring plan to save the bank, which is supported by France, Luxembourg and Belgium.
The management has highlighted that some of the employees could be relocated and retrained.
Eurofound (2012), Dexia, Internal restructuring in France, factsheet number 74226, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74226.