Type
Internal restructuring
Country
France
Region
île de France; Hauts-de-Seine;
Location of affected unit(s)
Neuilly-sur-seine
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

45 - 99 jobs
Number of planned job losses
Job loss
Announcement Date
3 November 2004
Employment effect (start)
15 February 2005
Foreseen end date

Description

AOL France announced in November 2004 a restructuring plan affecting up to 120 employees. Management decided on 8 February 2005 to implement the restructuring starting from 15 February 2005. Voluntary resignations and internal replacement are expected to lower the number of direct dismissals. According to the result of these measures, the Neuilly-sur-seine site will loose up to a third of its personnel that is to say 99 job cuts.


Sources

  • 3 November 2004: La Tribune
  • 4 November 2004: Les Echos
  • 9 February 2005: zdnet

Citation

Eurofound (2004), AOL, Internal restructuring in France, factsheet number 61402, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61402.