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.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41.10 - Development Of Building Projects
225 jobs Number of planned job losses
Announcement Date
8 April 2024
Employment effect (start)
8 April 2024
Foreseen end date
30 December 2024
Description
Bouygues Immobilier, third major property developer in France, will cut 225 jobs as part of a redundancy plan. This job-saving plan 'will be the subject of negotiations in the coming weeks with the social partners', the company stresses, assuring them that priority will be given to 'voluntary departures and internal redeployment'.
In 2023, Bouygues Immobilier made a net loss of €7 million (compared with a profit of €18 million in 2022), on revenues of €1.7 billion, down 14.5% on the previous year.
Eurofound (2024), Bouygues Immobilier, Internal restructuring in France, factsheet number 201034, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201034.
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