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.
On 11 June, Ethicon, a subsidiary of Johnson & Johnson that specializes in the manufacturing surgical care equipment, announced its intention to close a plant near Chartres employing 365 people by the end of 2012. The production of the site, which manufactures suture material, will be offshored to other plants, probably in South America. The first wave of dismissals will be implemented in early 2011; according to the unions, redeployment within the group will be difficult.
Ethicon employs 930 people in France. Last November, the parent company, Johnson & Johnson, announced a plan to reorganise its activities resulting in the loss of 7000 jobs worldwide.
Eurofound (2010), Ethicon, Offshoring/Delocalisation in France, factsheet number 70637, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70637.