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.
Paper manufacturer Canson is to cut 58 jobs at its site in Annonay (Ardèche). As reported, the plant will loose over 20pc of its workforce. Employees have voted a one day strike on 13 October to denounce the decision. Before the summer, the management expected to negotiate a collective agreement to maintain employment levels with an increase of the working time from 35 to 39 hours a week with no financial compensation. But 92pc of the employees refused this proposal.
Eurofound (2014), Canson, Internal restructuring in France, factsheet number 77844, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77844.