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 telecommunications group France Télécom announced its intention to recruit 4,000 employees by 2015, but as 9,000 will leave the company to retire in the same time period, the net employment effect will be a loss of 5,000 positions.
The unions have criticized this implied decrease of the workforce.
It is reported that France Télécom will also recruit 5,000 young workers each year on apprenticeships employment contracts.
Eurofound (2012), France Télécom, Internal restructuring in France, factsheet number 74245, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74245.