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.
Professional Services Professional Services And Management Consultancy Activities Of Head Offices; Management Consultancy Activities 70.2 - Management consultancy activities
360 jobs Number of planned job losses
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.
Eurofound (2009), Idestyle Technologies, Bankruptcy in France, factsheet number 69712, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69712.
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