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 French subsidiary of US Pharmaeutical group Lilly has announced it will cut about 158 jobs. The group explained that due to a "particularly difficult economic and regulatory environment", Lilly France has "to safeguard its competitiveness". Lilly France has presented to its employee representatives a reorganization plan for the pharmaceutical sales unit which will be implemented from September 2015. This project would lead to the cut "of 158 positions, including 143 posts of medical sales representatives (out of a total of 378 positions), 14 regional director positions and 1 network manager".
Eurofound (2015), Lilly France, Internal restructuring in France, factsheet number 78096, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78096.