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 16 May 2013, the online furniture retailer, La Maison de Valérie, subsidiary of furniture retailer Conforama (group Steinhoff International), announced to its works council plans to cut 108 jobs by the end of 2013. The restructuring plan envisages 103 job cuts at the headquarters in Vineuil (Loire-et-Cher) and another five at the site in Lognes (Seine-et-Marne). Additionally, 7 positions will be created.
According to the union FO, the company will discontinue its activities after the end of Spring-Summer season. The management will ask a consultancy to help the dismissed employees to find new jobs and will offer about 445 positions within the group Conforama.
Eurofound (2013), La Maison de Valérie, Internal restructuring in France, factsheet number 75402, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75402.