Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
National
Sector
Wholesale / Retail
Retail trade
Retail sale of other household equipment
47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods

106 - 177 jobs
Number of planned job losses
Job loss
Announcement Date
27 June 2013
Employment effect (start)
2 September 2013
Foreseen end date

Description

Furnishing and homeware retailer Habitat, subsidiary of the Cafom group, is to cut 106 jobs in France. As announced on 27 June 2013, the group engaged in a consultation process on a social plan involving 106 dismissals (the whole restructuring refers to 177 jobs but the final job cuts will be 106 ones - the remaining 71 jobs will be relocated). Cafom decided to downsize Habitat due to recently negative economic results (losses of 4.7 million euros between October 2012 and March 2013) and thus is closing two shops in Dijon (Côte d’Or) and Paris, and expects the closure of four other shops in France in the next months. 


Sources

  • 27 June 2013: France TV
  • 27 June 2013: Dernières Nouvelles d'Alsace

Citation

Eurofound (2013), CAFOM, Internal restructuring in France, factsheet number 75581, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75581.