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.
SES global is a Luxembourg-based world-wide leader of satellite telecommunication and a network provider with a total of 70 satellites and more than 2000 employees.
Based in the village of Betzdorf and having already undergone several restructurings in the past, SES global announced in November 2024 the outsourcing of activities to India. The social plan concerns 80 Luxembourg-based employees of the 600 or so employed at Betzdorf. The two main representative trade unions OGBL and LCGB already underlined in a joint press release in October 2024 that they fear a loss of many jobs in Luxembourg.
Eurofound (2024), SES, Offshoring/Delocalisation in Luxembourg, factsheet number 201963, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201963.