Idestyle Technologies

Type
Bankruptcy
Country
France
Region
Ile-de-France; Ile-de-France;
Location of affected unit(s)
Sector
Professional Services
70 - Activities of head offices and management consultancy
70.2 - Business and other management consultancy activities
70.2 - Business and other management consultancy activities
360 jobs
Number of planned job losses
Job loss
Announcement Date
15 October 2009
Employment effect (start)
2 November 2009
Foreseen end date
31 December 2009

Description

Idestyle Technologies, a French engineering and technology consultancy, is to lay off all 360 employees between November and December 2009. The dismissals result from Idestyle Technologies having been placed under liquidation by the commercial court of Versailles. Idestyle Technologies blamed the global recession for the decision to restructure. The company is a subsidiary of the French engineering and technology consultancy Alten. Negotiations will continue until 31 October 2009.

Sources

Citation

Eurofound (2009), Idestyle Technologies, Bankruptcy in France, factsheet number 69712, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69712.