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.
American car parts manufacturer Delphi has announced the closure of its factory in Saint-Aubin-du-Cormier (Ille-et-Vilaine) by June 2018, which will lead to cut progressively 167 positions, from 2017 to June 2018 in accordance with a drop in orders. The employees have organised a strike action. According to Delphi France, the company was not able to increase the productivity of the plant. The site manufactures electronic components for car interiors and serves the French car maker PSAPeugeot-Citroën's assembly plant in nearby Rennes (70% of the production is for PSA). In May 2015, Delphi announced the closure of its site based in Périgny near La Rochelle by December 2016 with 102 job cuts (see ERM Factsheet). Delphi employs 2,600 people in France. Other reorganisation are also ongoing at other sites: 80 employees of Delphi's technical centre in Blois are subject to an employment safeguard plan and around 20 workers at Delphi's factory in Cergy-Pontoise (Val-d'Oise) will also be made redundant. Delphi seeks to follow its clients to countries such as Turkey, China and Romania, where labour costs are lower than in its traditional production areas. A total of 267 employees will have loset their job by 2018.
Eurofound (2016), Delphi France SAS, Closure in France, factsheet number 89017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89017.
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