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 regional newspaper Sud-Ouest announced a voluntary redundancy plan to cut 132 jobs within a year. The 'Daily life' newspaper is facing major economic difficulties. Every year, this daily newspaper is confronted with a 3-5% decrease in its paper circulation. Of the 132 positions eliminated, 20 journalists will be affected by this departure plan. This plan is part of a strategic plan for the years 2019/2023.
Sud-Ouest currently has 858 employees, including 269 journalists. A previous restructuring was recorded in 2012 with 180 job cuts on a total workforce of 1,100 employees.
Eurofound (2019), Sud Ouest, Internal restructuring in France, factsheet number 98143, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98143.
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