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 - Construction Of Buildings
100 jobs Number of planned job losses
Announcement Date
22 October 2024
Employment effect (start)
Foreseen end date
Description
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201958.
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