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.
French building materials group Lafarge plans to cut 460 jobs worldwide as part of the reorganization of its corporate functions announced on 2 February 2012. Some 90 jobs will be lost in France. The company intends to set up a voluntary redundancy scheme and avoid compulsory redundancy. The new organization will allow the company to meet markets' demands. As of February 2012, there is no information on the timeline of the job cuts.
With 76,000 employees, Lafarge operates in 78 countries.
Eurofound (2012), Lafarge, Internal restructuring in World, factsheet number 73313, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73313.