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 Swiss pharmaceutical group, Novartis, is set to cut 144 permanent jobs at its manufacturing site in Huningue by the end of 2027. According to trade unionists, the company is reducing its French workforce because the government is reimbursing medicines less and less. Instead, it is investing in Austria. Before negotiations take place to reach agreements on voluntary departures, the trade unions are waiting for a report by experts. In 2024, the company had cut 50 of its prior 800 workforce as it aimed to reduce costs.
Several prior large restructuring have been recorded in ERM database with 170 cuts in Belgium Novartis 2025 - BE.
Eurofound (2024), Novarti, Internal restructuring in France, factsheet number 202912, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202912.