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 SNCF railway group plans to cut 2,257 jobs in 2019. The management announced this figure to its central works council in the framework of its 2019 draft budget. According to the annual budget, 2,095 job cuts are planned for the SNCF Mobilités branch, which covers passengers transport activities, and 162 job cuts are planned in the holding company. The workforce of the SNCF Réseau branch (construction and maintenance of tracks) will be increased. The company will recruit 171 employees in this branch. Therefore the total net job losses will be 2,086.
At the central works council, all the representative unions voted against the 2019 budget. The measure is part of SNCF’s continuing restructuring programme that is to increase its competitiveness and to free up resources for investments in the infrastructure and security. Previous reports announced several rounds of job expansions (2011-1, 2011-2) and job cuts (2010, 2014, 2016 and 2017).
Eurofound (2018), SNCF, Internal restructuring in France, factsheet number 96219, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96219.
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