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.
On 13 May, the airline group Air France will propose to its employees representative a voluntary redundancy scheme that would affect 465 ground staff at French airports. An Air France spokeperson confirmed that a voluntary plan would be presented on May 13 but declined to give details on the proposals ahead of the meeting. Trade unionists have also confirmed to be invited at the works council meeting of 13 May where the plan will be announced.
The airline group is looking to take the action following a €303 million euro loss. The move would affect ground staff at French airports as the company is under the pressure of a sharp competition of high-speed train of the national railway company and the low-cost airlines that have increase direct flights from one town to the other instead of making a connection through Paris.
Several important job reductions were recorded since 2010: 4,000 job cuts in 2010; 5,122 in 2012; 1,826 in 2013; 800 in April 2015 and 1,000 in October 2015. However, in 2018, Air France has announced to recruit 1,000 employees; it is expected that Air France will announce the same level of recruitments in 2019.
Eurofound (2019), Air France, Internal restructuring in France, factsheet number 97706, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97706.