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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Other Specialised Wholesale 46.72 - Wholesale of metals and metal ores
349 jobs Number of planned job losses
Announcement Date
3 July 2015
Employment effect (start)
1 October 2015
Foreseen end date
30 June 2016
Description
The wholesale retailer of metallic products KDI has announced a restructuring that will lead to 349 job cuts out of a total of 1,469 employees in France. To cope with the decline of the construction sector, the group KDI has announced the closure of about 10 sites in France. It is the fourth social plan in this group since the beginning of 2013 when the group had 1,972 employees.
Sources
30 June 2015: L'union
23 December 2015: L'Union - L'Ardennais
12 November 2015: Ouest-France
12 October 2015: Website of André Chassaigne
Citation
Eurofound (2015), KDI, Internal restructuring in France, factsheet number 83872, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83872.
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