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.
Hutchinson is to cut 216 jobs at production sites of its vibration and acoustic insulation systems subsidiary Paulstra in Vierzon and Chateaudun and at its rubber gloves plant in Liancourt. Vierzon factory will lose 81 out of 320 jobs, Châteaudun - 102 out of 610 and Liancourt - 33 out of 62.
The company announced that there will be no direct dismissals. All cuts will be implemented through voluntary measures - early retirement schemes, relocation to other branches, etc.
Eurofound (2009), Hutchinson France, Internal restructuring in France, factsheet number 69096, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69096.