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.
Alandia Industrie, which took over from the group Rio Tinto the two plants of Carbone Savoie in Notre-Dame-de-Briançon (Savoie) and Vénissieux (Rhône) in April 2016, has announced a restructuring that will lead to cut 40 positions from a total workforce of about 400 employees on permanent employment contract and 40 positions of temporary workers. Despite a commitment not to reduce the workforce before 2018, the company found that there was a lack of funds for investments and has now decided to restructure.
The management said it's going to avoid forced dismissals and to give priority to negotiated departures or to internal reemployment. However, according to the unions the reemployment proposals are not realistic and many workers will not accept.
Eurofound (2016), Carbone Savoie, Merger/Acquisition in France, factsheet number 88850, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88850.