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.
Groupe Réalités, a regional development company based in Nantes, has announced plans to lay off over 100 employees as part of its strategy to reduce debt. The company reported a deficit of €86.5 million as of June 2024, prompting this cost-cutting measure to ensure its financial survival.
This follows a previous downsizing in 2023, when 150 employees were laid off.
The European Restructuring Monitor (ERM) database also recorded a significant restructuring in 2022, when Groupe Réalités hired 100 workers Groupe Réalités 2022 - FR.
Eurofound (2024), Réalités, Internal restructuring in France, factsheet number 201958, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201958.