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.
Alma Consulting Group has announced to its works councils an employment safeguard plan that will lead to 222 job cuts and 66 recruitments. The announcement is in the frame of the merger with Lowendalmassaï. The management has started an information and consultation procedure with the employees’ representatives to mitigate the social impact on affected employees. The aim is to finalize the merger in November 2015. Alma consulting group has 1,300 employees (including 750 employees in France) and Lowendalmassaï, specialised in cost reductions, has 360 employees (180 employees in France).
Eurofound (2015), Alma Consulting Group, Merger/Acquisition in France, factsheet number 83702, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83702.