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.
Thales Alenia Space, specialised in designing, integrating, testing and delivering globally cutting edge space systems & solutions, is recruiting 270 employees by the end of June. The group is recruiting 150 employees at its site of Toulouse, which specialises in the manufacture of payloads, navigation and altimeters, and 120 at its plant of Cannes. By mid-May, about 228 new staff had been recruited and a further 42 positions will be filled by end of June. A second wave of recruitment is expected in September. urthermore, the increasing activities at Thales Alenia Space is having an impact on its subcontractors, which will recruit 700 employees in 2016.
The company is expanding to support growth linked to major satellite programmes and increased investment in research and development, particularly in high‑resolution optical and radar observation, as well as new generations of geostationary telecommunications satellite platforms for civil or military surveillance.
Thales Alenia Space has 7,500 employees worldwide and 4,800 in France. The recruitment drive was announced following increases in orders in 2015 (for €3 billion) and the company expects to increase its turnover by a further 10% to reach a turnover of €2.3 billion in 2016.
Eurofound (2016), Thales Alenia Space, Business expansion in France, factsheet number 87539, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87539.