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.
Administrative Services Security And Investigation Activities Security Systems Service Activities 80.20 - Security systems service activities
161 jobs Number of planned job losses
Announcement Date
29 March 2013
Employment effect (start)
30 March 2013
Foreseen end date
31 December 2014
Description
Defense and security company Cassidian, part of the EADS group, announced on the 29th of March a plan to cut 161 jobs in France in the framework of a european costs saving plan with 850 job cuts (see Factsheet). This plan will mainly affect management and administrative functions and will be carried out by means of voluntary departures. Other job cuts are expected in Germany, the United Kingdom (100 jobs) and Finland (30 jobs). In France, most job cuts (140) will affect the site of Elancourt.
Sources
15 April 2013: Le Parisien
30 November 2012: Le Figaro
30 November 2012: Cassidian
7 December 2012: De Standaard
Citation
Eurofound (2013), Cassidian, Internal restructuring in France, factsheet number 74684, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74684.
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