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.
Intermarché - ITM Logistique Alimentaire International, the logistics subsidiary of French retailer Intermarché (Groupement Les Mousquetaires) has announced a new employment safeguard redundancy plan for the gradual closure of six sites between the end of 2020 and the end of 2021.
According to trade union CGT, this plan will leave hundreds of employees unemployed, although management disputes this figure. The union has stated that the plan involves 122 net job cuts. In detail, the employment safeguard plan provides for the gradual closure of six logistics bases between 'end of 2020 and end of 2021' siad a CGT representative, secretary of the central works council.
Closures will be partially offset by the construction of four new bases in the same municipality or nearby. But on the sites of Gournay-Loizé (237 positions according to the CGT) and Saint-Dié-des-Vosges (197 positions), concerned by closures, the reemployment of the employees in other bases will be 'complicated', estimates CGT, as these two sites are located respectively at 'almost 100 kilometers' and 'more than 200 kilometers' from the nearest new bases, he said.
Eurofound (2018), Intermarché - ITM Logistique Alimentaire International, Closure in France, factsheet number 95604, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95604.