Type
Internal restructuring
Country
France
Region
île de France; Paris;
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.13 - Publishing of newspapers

60 jobs
Number of planned job losses
Job loss
Announcement Date
24 June 2013
Employment effect (start)
25 June 2013
Foreseen end date
31 December 2014

Description

On 24th April 2013, French sports' newspaper L'Equipe announced it has cut 60 jobs by means of voluntary departures. The group, which employs a total workforce of 490 employees, has already announced (in September 2012) to cut about 46 positions in the frame of a 12 million euros cost-saving plan. After negotiations with unions, the job cuts were reduced to 40. But as the group wanted to avoid forced dismissals, it launched a voluntary departure plan which obtained more success than expected, with 60 employees leaving the group.


Sources

  • 24 June 2013: Les Echos
  • 24 June 2013: CB News

Citation

Eurofound (2013), L'Equipe, Internal restructuring in France, factsheet number 75582, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75582.