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.
Arkema, a French chemical group specializing in fine chemicals, is cutting 154 jobs at its Jarrie (Isère) factory. The company has cited the financial difficulties of Vencorex and the industry's dependence on their salt, shifting its focus to the production of hydrogen peroxide, chlorate, and perchlorate. However, trade unionists argue that this justification is being used by management to close a site that is not highly profitable. Workers went on strike in December and voted for a total strike in January, citing a lack of transparency regarding the site’s future and guarantees. Negotiations for the job-saving plan are expected to take three months.
Several large restructurings have been recorded in the ERM database, with the most recent cutting 96 jobs in 2009 Arkema 2009 - FR.
Eurofound (2025), Arkema, Internal restructuring in France, factsheet number 202243, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202243.