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.
Technology consulting company Altran is to reduce its workforce in the Toulouse region by 500 staff until the end of 2015.
According to media reports, this is due to decreasing demand for engineering services in the aerospace industry over the next years. The company intend to relocate the jobs within the group, which could reduce the number of dismissals.
In 2011, the group had announced a planned job creation of 400 positions.
Eurofound (2013), Altran, Internal restructuring in France, factsheet number 76351, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76351.