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.
Cheese maker and fresh produce Fromarsac has announced the 32 job cuts in its site at Marsac (Dordogne) out of a total workforce of 310 employees. The job cuts do not concern the production unit but about 10% of the various administrative positions: payroll managers, sales assistants, accountants. These positions are suppressed and recentralised, for some in Condé-sur-Vire (Manche) and for others in the Parisian region, according to the CFDT union which also highlights that similar announcements have been made on other sites of the Savencia group to which Fromarsac belongs. According to the press release published by Savencia, a reorganisation was presented at Europe wide level to the employee representative bodies, which concerns 'in particular the closure of a plant and the pooling of expertise within shared service centres'. However, no more detailed information is available.
Eurofound (2018), Fromarsac, Internal restructuring in France, factsheet number 95739, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95739.
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