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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.5 - Manufacture of cement, lime and plaster 23.51 - Manufacture of cement
250 jobs Number of planned job losses
Announcement Date
15 September 2016
Employment effect (start)
15 September 2016
Foreseen end date
31 December 2017
Description
Cement manufacturer LafargeHolcim has announced a reorganisation of its central and support services that will lead ot about 250 job cuts by the end of 2017. The positions will mainly be cut in France (80 position in L'Isle d'Abeau) and Switzerland (130 position in Holderbank). 40 other positions will be cut in the rest of the world, according to management. The group employed, at the ofend 2015, about 100,900 employees worldwide including 23,900 in Europe. Since the announcement of the merger of Lafarge and Holcim in May 2015, it is the third wawe of restructuring. Word wide job cuts were recorded in May 2015 (380 job cuts).
Sources
15 September 2016: Les Echos
Citation
Eurofound (2016), LafargeHolcim, Merger/Acquisition in World, factsheet number 88719, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88719.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...