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.
In July 2012, the telecommunications and Internet company Bouygues Telecom (9800 employees) announced a voluntary departure plan in order to cut 556 positions. The reason is to increase its competitiveness against the low-cost provider Free.
The information and consultation process will end mid-October. There is current disagreement between the employees’ representatives and the management on the compensation package.Â
Eurofound (2012), Bouygues Telecom, Internal restructuring in France, factsheet number 74228, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74228.