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.
Groupe Rocher has made an announcement to lay off 300 employees in France within three years. The 300 job cuts are part of a job and career management agreement (GEPP) signed on 16 January by the majority CFE-CGC union and the CFTC.
The group's three production sites in Brittany would be affected, including the Ploërmel factory (110 employees) which is expected to close down by 2025. Groupe Rocher is not planning any forced dismissals, but job closures following retirements. Some employees will be offered mobility within the company.
Elsewhere in the world, more than a thousand of the 16,300 Group Rocher global workforce would be at risk of losing their jobs.
Groupe Rocher, present in 114 countries, had a turnover of €2.4 billion in 2021. It fell by €355 million between 2019 and 2021. Over the same period, the group had already lost over a thousand jobs.
UPDATED 15/05/2023 The trade union Force Ouvrière launched legal proceedings with the Vannes court, challenging the social plan proposed by the group. Trade unions CGC and CFTC have signed an agreement with management to implement the social plan but Force Ouvrière also plans to contest their signature.
Eurofound (2023), Groupe Rocher, Internal restructuring in France, factsheet number 108369, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108369.
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