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 manufacturer specialised in dance articles and luxury shoes, Repetto, has announced 51 job cuts in France out of a total workforce of 300 employees. 31 job cuts concern the Saint-Médard-d'Excideuil production plant (140 employees, Dordogne). The others would concern the brand's shops located in France. The employees will be made redundant. According to a trade union leader, activity has been declining for the last three years. The lockdown and the health situation have only accentuated the company's difficulties. A job protection plan has been signed with the unions.
Eurofound (2020), Repetto, Internal restructuring in France, factsheet number 102559, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102559.