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.
Cement producer Lafarge has announced to its European works council that it plans to cut about 203 positions in France in the frame of a reorganisation linked to the merger process with Swiss cement manufacturer Holcim.
The management will start negotiation with the social partners with the aim of avoiding forced dismissals and proposing internal or external mobility schemes, early retirement or voluntary departures. The job cuts are to affect support functions (920 employees in France) at the headquarters in Paris (195 job cuts) and the Lafarge Services Groupe site near Lyon (8 job cuts). Meanwhile, Lafarge will create 37 positions in research and development activities at its Saint-Quentin Fallavier research centre. Taking into account this job creation, the total net job loss is 166.
Lafarge has 63,000 employees worldwide and about 45,000 in France.
Eurofound (2015), Lafarge, Merger/Acquisition in France, factsheet number 83285, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83285.