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 20 May 2011, call centre operator Arvato announced to open a new site near Angoulême and create 400 jobs in the next two years. The first 130 employees will start to work from early November, but the management warned the public authorities that they will create only half of the total jobs initially announced if they encourage a competitor (Laser Contact) to open a call centre in the same area. Arvato explained that there is no possibility to find 800 peoples for the two call centre in the area of Angoulême.
Eurofound (2011), Arvato Services, Business expansion in France, factsheet number 72535, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72535.