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.
The Swedish Volvo group announced 508 job cuts in its Renault Trucks subsidiary in Lyon, Bourg-en-Bresse and Blainville-sur-Orne. The cuts are part of an EU-wide restructuring at the group.
On 19 March, the management gave details about the number of job cuts per plant to its central works council: 319 positions are to be cut in Lyon, 128 in Blainville-sur-Orne and 61 in Bourg-en-Bresse.
The ERM reported previously on a large restructuring measure at Renault in France, announced in early 2013.
Eurofound (2014), Renault Trucks, Internal restructuring in France, factsheet number 76698, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76698.