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.
Media 60 - Programming, broadcasting, news agency and other content distribution activities 60 - 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
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://apps.eurofound.europa.eu/restructuring-events/detail/59644.