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
133 jobs Number of planned job losses
Announcement Date
20 July 2010
Employment effect (start)
Foreseen end date
31 December 2012
Description
On 20 July, the oil company ExxonMobil announced a plan to cut 133 jobs at the chemical division of its site in Port-Jérôme which currently has 2400 employees, including 1300 in the chemical division. The aim is to "restore profitability", said the management, and "save the business" by taking advantage of "high potential integration of the site" which has a refinery and a chemical platform. This restructuring will be accompanied by a social plan (plan de sauvegarde de l'emploi -PSE), focusing on internal reclassification and incentives to leave the company.
Eurofound (2010), ExxonMobil, Internal restructuring in France, factsheet number 70777, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70777.
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