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.
Financial / Insurance/ Estate 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security
120 jobs Number of planned job losses
Announcement Date
2 September 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Denis Kessler, manager of insurance company Scor, announced on 5 September 2005 that Scor will dismiss 120 employees in France out of 600 workers. A large part of the suppressions will be dealt with through voluntary resignations.
Sources
6 September 2005: Les Echos
2 September 2005: Les Echos
Citation
Eurofound (2005), Scor, Internal restructuring in France, factsheet number 62358, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62358.