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.
Owkin, the French artificial intelligence biotech company, is planning to cut around 50 jobs through a collective voluntary redundancy scheme.
The planned measure is part of a strategic repositioning, as CEO and co-founder Thomas Clozel indicated that the company intends to focus on its core “pure AI” activities. In this context, Owkin is prioritising the development of its AI tools for medical research, including its recently launched assistant, and is expected to divest part of its diagnostics unit as part of broader cost-reduction and simplification efforts.
Eurofound (2025), Okwin, Internal restructuring in France, factsheet number 203266, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203266.