Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Financial Services
Activities Auxiliary To Financial Services And Insurance Activities
Activities Auxiliary To Financial Services And Insurance Activities
66 - Activities auxiliary to financial services and insurance activities

411 - 1,030 jobs
Number of planned job losses
Job loss
Announcement Date
27 March 2004
Employment effect (start)
Foreseen end date

Description

Solymatic, a subsidiary of the Valiance group that maintains ATMs, follows the restructuring of Valiance by shedding 411 of its 1,030 jobs. On 26 April 2004, the company has filed for bankruptcy.


Sources

  • 26 April 2004: Les Echos
  • 27 March 2004: Le Monde

Citation

Eurofound (2004), Solymatic, Internal restructuring in France, factsheet number 59441, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59441.