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 28 January 2013, the management of the furniture manufacturer “Manufacture vosgienne de meuble” has announced a restructuring plan involving 120 dismissals, out of 378 employees.
The company, part of group Parisot, produces furniture for bathroom and kitchen. It was placed in receivership on 7 November 2012 with an observatory period of six months. The unions have expressed their concern about a future closure of the site. The job cuts take place in a department where Parisot group had liquidated a subsidiary of (Nevelt) in January 2012 (see here) and in 2011 another furniture manufacturer (ECB) closed its site with 122 employees.
Eurofound (2013), Parisot Mattaincourt, Internal restructuring in France, factsheet number 74841, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74841.