Type
Merger/Acquisition
Country
France
Region
Location of affected unit(s)
Sector
Professional Services
Professional Services And Management Consultancy
Activities Of Head Offices; Management Consultancy Activities
70.22 - Business and other management consultancy activities

156 jobs
Number of planned job losses
Job loss
66 jobs
Number of planned job creations
Job creation
Announcement Date
29 May 2015
Employment effect (start)
1 September 2015
Foreseen end date
31 December 2015

Description

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).


Sources

  • 29 May 2015: Alma Consulting Group (Press release)
  • 9 January 2015: Les Echos

Citation

Eurofound (2015), Alma Consulting Group, Merger/Acquisition in France, factsheet number 83702, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83702.