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.
The liquidation of the books retailer network Chapitre will lead to the dismissal of 434 staff.
This was announced after the company had attempted to sell its 57 shops starting on 2 December 2013. Until 10 February, only 34 of the shops could be sold. As a result, 23 shops were closed the same day. The 434 dismissals include 100 at the company’s headquarters.
The union CGT decided to occupy bookshops, demanding higher allowances in the framework of the social plan.
Eurofound (2014), Chapitre, Bankruptcy in France, factsheet number 76588, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76588.