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.
On 7 April 2015, the management of SCA announced the closure of the Saint-Cyr-en-Val site The site will be closed by October and all 119 employees will lose their jobs.
In early 2015, the company had discontinued the production of hygiene paper and decided to focus on paper towel. This decision accounted for a loss of 2,900 tons of production. The headquarters of SCA in Sweden no longer believe that the site is sufficiently profitable.
According to Alexander Baillavoine, the CFDT union delegate, "even though we knew it would happen, there was still a glimmer of hope for the disillusioned employees who must now continue working as if nothing had happened."
Eurofound (2015), SCA Hygiène Products Operations, Closure in France, factsheet number 79273, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79273.
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