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.
The management of Alcatel-Lucent Entreprise has announced an Employment safeguard plan to cut about 100 positions in its 4 sites in France – Brest (Finistère), Colombes (Haut-de-Seine), Illkirch (Bas-Rhin) and Sophia Antipolis (Alpes-Maritimes). The company is a former division of the group Alcatel-Lucent. It was sold to a Chinese investment fund in 2014. In 2015, the new owner launched a voluntary departure plan to cut about 130 positions. As stated by the Union CDTF, in June 2016, 142 workers left the company. The new reorganisation plan will lead, according to CFDT, to forced dismissals. Furthermore, the site of Sophia-Antipolis will be closed. The CFDT denounces a lack of investment and strategy.
Eurofound (2016), Ale International - Alcatel-Lucent Enterprise, Internal restructuring in France, factsheet number 88736, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88736.
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