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.
The German manufacturer Poppe + Potthoff is gradually closing its Scionzier site in 2025, resulting in the redundancy of 100 employees. In response, workers have gone on strike, expressing dissatisfaction with the financial compensation offered by the company.
Negotiations between the site's management and trade unions began on December 5. Employees are advocating for severance packages that reflect their years of dedication and contributions to the company. The board plans to propose an agreement following a of in-depth discussions in Germany.
Eurofound (2024), Poppe + Potthoff, Closure in France, factsheet number 202139, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202139.