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 the 13th of June 2013, Faurecia Automotive Industrie announced it will cut 54 jobs. In detail, this plan will affect 38 jobs in production, 16 administrative staff and about 40 temporary workers positions. The management has launched a voluntary departure plan to avoid forced dismissals. The plant, which employs 490 employees, faces difficulties due to the termination of the production of several cars built by Renault, Ford or Mitsubishi.
Eurofound (2013), Faurecia Automotive Industrie, Internal restructuring in France, factsheet number 75574, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75574.