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.
Ascom, the Swiss group, announced restructuring measures affecting at least 171 workers in France. 77 jobs will be dismissed at the Monétel unit (Valence) and 94 at the Ascom HPF unit (Bonneville). Ascom is also about to sell its production plant, Ardelec, employing 55 workers at Saint-Agrève.
Sources
15 October 2003: Les Echos
Citation
Eurofound (2003), Ascom, Internal restructuring in France, factsheet number 59955, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59955.