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.
IT company Altran has announced to take over the Orvault-based site and 170 engineers from Alcatel-Lucent in the framework of a partnership.
Alcatel-Lucent had launched a restructuring plan last year, announcing 900 job cuts in France, including the closure of the site in Orvault that employed 510 staff so far. Altran will now create a centre of expertise in Orvault, where around 170 engineers will be hired during the next weeks.
Altran group employs about 20,000 people worldwide. In 2013, the group had announced a restructuring of its workforce in Toulouse (see Factsheet). In 2011, the recruitment of an additional 400 employees was reported (see Factsheet).
Eurofound (2014), Altran Technologies, Merger/Acquisition in France, factsheet number 76436, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76436.
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