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 US Steel Atmel corporation has announced its plan to cut 180 jobs in France between October and December 2008. The factory is facing a difficult financial situation. All sites, functions and levels are to be affected at the semiconductor producer. The plant in Rousset currently employs 1,425 people. The unions are surprised by the announcement of this social plan because there is six months ago the US management group had proposed to employees in the establishment of Rousset targets by 2009 to safeguard jobs. An agreement was signed to increase working hours.
The site of US semiconductor manufacturer Atmel in Rousset, France, faced strike action affected 100 per cent of the production chain between 12 September and 15 September as employees protested against a plan to cut 145 jobs by the end of the year. Unions argue that, under an agreement reached with US management, production was to be increased in return for an improvement of the site's status.
Atmel Corporation (Atmel) designs, develops, manufactures and sells a range of integrated circuits products, including microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency components. Atmel’s products are used primarily in the communications, computing, consumer electronics, storage, security, industrial, automotive, military and aerospace.
Eurofound (2008), Atmel, Internal restructuring in France, factsheet number 67018, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67018.
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