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 Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
101 jobs Number of planned job losses
Announcement Date
19 March 2008
Employment effect (start)
1 April 2008
Foreseen end date
31 December 2010
Description
Bayer CropScience France, the leader on the French market for agrochemical products, is to cut 101 jobs by 2010 at its research centre and commercial network in Lyon-Vaise (European headquarters of its agrochemicals division). 1,500 cuts are foreseen worldwide.
In France the job losses mostly concern the supply chain, which should be relocated to Germany. According to the group, the restructuring was required in order to cope with the recent societal and regulatory trends in France. Management stated that most of the employees affected would avail of early retirement and internal redeployment.
Eurofound (2008), Bayer CropScience, Internal restructuring in France, factsheet number 66452, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66452.
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