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.
Gennevilliers (Hauts-de-Seine), Vert-le-Petit (Essone), Paris
Sector
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
187 jobs Number of planned job losses
Announcement Date
4 November 2003
Employment effect (start)
Foreseen end date
Description
Isochem, subsidiary of SNPE, announced a restructuring measure affecting 187 jobs out of 900 in France (20% of its total workforce). The plants affected by the measure are: Gennevilliers (Hauts-de-Seine), Vert-le-Petit (Essonne) and Paris. In July 2002, SNPE had already dismissed 492 jobs in France.
Sources
4 November 2003: Les Echos
Citation
Eurofound (2003), Isochem, Internal restructuring in France, factsheet number 60171, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60171.