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.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21.20 - Manufacture of pharmaceutical preparations
610 jobs Number of planned job losses
Announcement Date
27 November 2015
Employment effect (start)
1 July 2016
Foreseen end date
Description
The pharmaceutical group Servier has announced a reorganisation plan that will lead to 610 positions cut from a total of 690 in their marketing services in France. The reorganisation will be launched during the second semester of 2016. The aim is to save the competitiveness of the group. According to a spokesman of the group, the sales of Servier (€241.6 million in 2014-2015) are two times lower than five years ago. 80% of Servier’s medicine provisions are from drugs that are no longer patent protected or will fall into the public domain by 2019. The information and consultation process started on 3 December 2015. Servier has 5,000 employees in France and about 21,000 worldwide.
Sources
27 November 2015: Le Monde
26 November 2015: Les Echos
Citation
Eurofound (2015), Les Laboratoires Servier, Internal restructuring in France, factsheet number 85601, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85601.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
