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.
In February 2015, the metro manufacturer Siemens Mobility (600 employees) announced to its central works council it would cut 112 jobs in its three sites in France, Chatillon (Hauts-de-Seine), Toulouse (Haute-Garonne) and Lille (North). Formerly Matra Transport, the company acquired by the German group in 1998 was named global competence centre for automation of metros with or without driver. The job cuts will mainly affect engineering staff. According to management, the restructuring aims to deal with the reduced workload related to a reduction in the market, the weakness of the market on the Grand Paris project and the need to improve competitiveness in exports. On their side, unions denounced a lack of investment, a transfer of innovation to Germany and of production to European countries with low labour costs. Employees went on strike for three days in June to denounce the reorganisation. The management explained that the goal of the social plan is to avoid forced dismissal for the 112 affected employees (143 according the unions). If the central works council agrees to the social plan, the unions have organised a day of strike on 23 June. Last April, the German group Siemens announced a worldwide restructuring with 4,500 job cuts but the announced restructuring by Siemens Mobility is not related to this reorganisation.
Eurofound (2015), Siemens Mobility, Internal restructuring in France, factsheet number 83878, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/83878.
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