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 publisher Ebra group, which owns a dozen newspapers in eastern France, plans to cut around 130 technical positions by the end of the first half of 2018, according to several trade union sources. The management of the group, owned by Crédit Mutuel, justified this decision with the size of the press division's losses estimated at €55 million in 2016.
According to a statement by the CGT of the newspaper Le Républicain Lorrain, some 60 positions would be cut in the department of Moselle, via a merger of the printers of the two newspapers Le Républicain Lorrain and L'Est Républicain. 60 more positions should be cut through an Employment safeguard plan. From 10 to 20 positions could also be cut through a voluntary departure plan. Additionally, about 70 positions will be cut in the region Alsace with the merge of the printer centres of the newspapers L'Alsace and Les Dernières Nouvelles d'Alsace.
Sources
8 September 2017: Les Echos
7 September 2017: Europe 1
Citation
Eurofound (2017), Ebra, Internal restructuring in France, factsheet number 92071, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92071.
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