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 Weleda Group, which manufactures natural cosmetic and dietary products as well as medicines, has announced a reorganisation where 127 jobs will be cut. The decision was taken following the government's decision to no longer allow the Social Security to reimburse homeopathy. The Weleda group announced that its activities in France would be reorganised, resulting in the cessation of production activities at the Huningue site and an adaptation of the organisation of the head office activities. Production will be transferred back to Germany, to the Schwäbisch Gmünd site located about 50 km east of Stuttgart.
After several days of strikes and walkouts, management and unions signed an agreement for the job preservation plan. The first departures from the plant should take place in February 2023.
Eurofound (2022), Weleda, Offshoring/Delocalisation in France, factsheet number 107749, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107749.