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.
(10 - 33) Manufacturing (18) Printing and reproduction of recorded media 18.1 - Printing and service activities related to printing 18.12 - Other printing
111 jobs Number of planned job losses
Announcement Date
11 April 2012
Employment effect (start)
25 June 2012
Foreseen end date
31 December 2012
Description
Belgian industrial printing company Hélio Charleroi, which is part of the Dutch Circle Printers group, informed their Works Council of their intention to reduce its workforce by 111 (of which 90 blue collar workers and 21 white collar workers).
The management attributes the job cuts to overcapacity and industry's price war in Europe following the decline of demand of printed products. The 'Renault' procedure has been launched to define the conditions of the internal restructuring. The company employs some 262 people at the Heppignies site.
Sources
11 April 2012: Le Soir
11 April 2012: RTBF.be
Citation
Eurofound (2012), Hélio Charleroi, Internal restructuring in Belgium, factsheet number 73405, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73405.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...