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.
Car manufacturer Renault is to cut 200 out of 500 temporary jobs at its Flins factory. As announced, the job reduction measure is due to the end of the Clio Collection model production. The site employs 2,200 permanent employees. This decision aims to maintain 2 shifts and to avoid short-time work for the whole workforce.
Renault announced in January 2013 plans to cut about 7,500 jobs within the group in France.
Eurofound (2014), Renault, Internal restructuring in France, factsheet number 76888, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76888.