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.
(41 - 43) Construction 41 - Construction of residential and non-residential buildings 41 - Construction of residential and non-residential buildings 41 - Construction of residential and non-residential buildings
135 jobs Number of planned job losses
Announcement Date
23 April 2009
Employment effect (start)
Foreseen end date
Description
Algeco, a company specialised in modular contruction, plans to cut of 135 jobs in France. Four regional and 10 out of 18 local agencies will be closed, whereas two company's production sites will not be affected by the cuts. As of 27th April 2009 the restructuring plan is not yet accepted by the trade unions; the negotiations continue.
Sources
25 April 2009: Le Monde
Citation
Eurofound (2009), Algeco, Internal restructuring in France, factsheet number 68773, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68773.
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