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.
The Parisian palace Hôtel de Crillon, which belong to the royal family of Saudi Arabia, will reopen next summer after a two-years long renovation. The hotel has kept 200 of its employees and about 160 left the company in the framework of a voluntary departure plan launched in 2014. The hotel is starting to recruit 200 employees on permanent employment contracts before the summer.
Eurofound (2017), Hôtel de Crillon, Business expansion in France, factsheet number 90424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90424.