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 4 April 2013, metal and steel manufacturer Aubert & Duval announced a restructuring of its unit of Firminy (Loire) with 74 job cuts on a total workforce of 326 employees. The site has introduced short-time work since 2011 and the limited activity is considered structural by the management because of the competition in the sector especially from China. The job cuts are to be implemented by 2014. Employee representatives asked the management to avoid forced dismissals.
Eurofound (2013), Aubert & Duval, Internal restructuring in France, factsheet number 75361, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75361.