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.
Manufacturing (24 - 25) Manufacture of metals 24 - Manufacture of basic metals 24 - Manufacture of basic metals
1,100 jobs Number of planned job losses
100 jobs Number of planned job creations
Announcement Date
18 September 2003
Employment effect (start)
Foreseen end date
1 December 2003
Description
Eramet announced a restructuring plan affecting around 1,100 workers out of a total of 4,100. 750 will be affected in the alloy activities and 350 will be hit by the closure of the 'Boulogne-sur-Mer' unit. The restructuring plans includes measures such as early retirement, retirement, end of temporary contracts and dismissals leading to partial unemployment. The restructuring will create 100 jobs.
Sources
19 September 2003: Les Echos
18 September 2003: Les Echos
Citation
Eurofound (2003), Eramet, Internal restructuring in France, factsheet number 59514, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59514.