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 Italian catering company Autogrill has announced around 100 job cuts among its 1,700 French employees as part of a European restructuring. Around 20 positions will be cut in the aerea of Montélimar in the restaurants along the A7 motorway. The management explains that this is 'a measured restructuring'. It specifies that a Employment safeguard plan (PSE) is 'under discussion with employee representatives on two group companies, Autogrill Côté France and Autogrill Restauration Carrousel'.
The company explains that it was hit hard by the crisis at Covid-19 with the closure of its establishments for several months. The group does not envisage a real upturn in business before 2022.
Eurofound (2020), Autogrill, Internal restructuring in France, factsheet number 102903, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/102903.
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