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.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
121 jobs Number of planned job losses
Announcement Date
21 November 2007
Employment effect (start)
31 December 2007
Foreseen end date
31 December 2008
Description
Photonis SAS, a manufacturer of machinery for the production of paper, has announced that it is to cut 121 jobs at its site in Brive. 643 are currently employed at the Brive plant, and the job losses will be implemented by the end of 2008. The restructuring plan was announced by the firm’s Chief Executive Officer at a works council meeting on November 21st 2007.
Sources
15 November 2007: La Charente Libre
22 November 2007: Les Echos
Citation
Eurofound (2007), Photonis, Internal restructuring in France, factsheet number 66037, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66037.
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