Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Media
Programming, broadcasting, news agency and other content distribution activities
Programming, broadcasting, news agency and other content distribution activities
60 - Programming, broadcasting, news agency and other content distribution activities

443 jobs
Number of planned job losses
Job loss
Announcement Date
4 February 2003
Employment effect (start)
Foreseen end date

Description

The Canal+ social plan affects 443 workers out of 3038. 251 jobs will be suppressed at holding 'Canal+ S.A.', 'Canal-Satellite' and 'Canal+ Distribution'. 54 other jobs will be suppressed at StudioCanal. Moreover, 138 jobs will be transfered to other related companies.

These measures are the consequences of the financial difficulties of the group.


Sources

  • 13 March 2003: Les Echos

Citation

Eurofound (2003), Canal+, Internal restructuring in France, factsheet number 59644, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59644.