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.
Regional newspaper Ouest-France is to reduce its workforce by 137 positions.
The decision came after the newspaper made a deficit of 5 million euros in 2012 with similar prospects for 2013.
According to the source, redundancies will affect workers, employees and managers. Journalists are to be kept out of the measure, but were asked to cut back on their days of leave.
Furthermore, the company announced a modernization plan of its printing unit which would make the production less labor-intensive.
Ouest-France employs about 1,500 staff and sells 750,000 copies per day. The last reported restructuring by the company is from 2008, when it announced a dismissal of 120 staff.
Eurofound (2013), Ouest-France, Internal restructuring in France, factsheet number 76034, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76034.