Restructuring events
European Restructuring Monitor (ERM)
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.
The American automobile equipment supplier, Visteon, announced on 17 October 2006 the cut of 314 jobs in the factory of Charleville Mézières between October 2007 and December 2007. The management of Visteon, who used to be Ford's first supplier, refused to give more details because negotiations with unions, who opposed this decision, are under way.
The factory of Charleville Mézières (Ardennes) manufactures systems of air-conditioning and currently employs 1,200 people, including 200 temporary employees.
Eurofound (2006), Visteon, Internal restructuring in France, factsheet number 64265, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64265.