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.
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.
The company had 1,054 employees in 2024.
Eurofound (2024), Bouygues Immobilier, Internal restructuring in France, factsheet number 201034, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201034.