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 the framework of a competitiveness agreement concluded with three unions (CFDT, CFE-CGC and FO) in January 2017, the car manufacturer Renault expects to recruit 3,600 employees in France between 2017 and 2020, including 1,700 in 2017. However, these recruitment will not compensate the natural departure during the same period. According to the union CGT, the departures compensations falls short by 1,000 job creations. Furthermore, the hiring on permanent employment contract will lead to reduce the number of temporary workers (4,500 non renewal of contract). In October 2016, Renault has already announced the recruitment of about 1,000 new employees by the end of 2016.
The group has previously announced new recruitment earlier in 2016 (183 in February and 130 in May) and 1,000 in 2015. The group also highlighted that it has already recruited more than the expected 760 positions it agreed to under the competitiveness agreement signed with the unions in 2013 that led to 9,200 departures (more than the 7,500 expected).
Eurofound (2017), Renault, Internal restructuring in France, factsheet number 90425, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90425.
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