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.
Aspen, the South African pharmaceutical company, has announced 200 job cuts at its plant in Notre-Dame-de-Bondeville, near Rouen.
The planned job reductions are expected to be implemented through the non-renewal of temporary contracts and a series of voluntary termination agreements. Trade union representatives, notably from the CGT, have criticised the company’s strategy, citing declining activity in anticoagulant production, the loss of a major client and unsuccessful contract bids.
The site, historically dedicated to pharmaceutical production, was previously owned by Sanofi and GlaxoSmithKline and specialises in generic medicines. Employee representatives are preparing support measures, while the project is expected to unfold progressively until the end of 2025, with possible voluntary redundancies for permanent staff starting in early 2026.
Eurofound (2025), Aspen, Internal restructuring in France, factsheet number 203180, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203180.