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.
On 10 January 2013 Carlson Wagonlit Travel France, a business travel management company, announced a restructuring plan and 194 job cuts by the end of 2014.
This employment safeguarding plan (Plan de sauvegarde de l’emploi) is part if a three year strategic plan called « Evolution 2015 ». Employees of the sites of Marseille and Lyon will be brought together in Saint-Etienne, employees from Strasbourg will be relocated to Belfort and employees from Villepinte to Nanterre. The first site to be closed will be in Marseille in April.
It is the third restructuring in three years (see here for the 2009 case). The management will launch negotiations with the unions and aims to avoid forced dismissals by proposing relocation of employees or voluntary departures.
The job cuts represents about 20% of the workforce. By the end of 2008, the totalworkforce reached 3,000 employees.
Eurofound (2013), Carlson Wagonlit Travel France, Relocation in France, factsheet number 74762, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74762.
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