Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60 - Programming and broadcasting 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.