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.
French wine and spirits group Pernod Ricard is to cut 165 jobs in France. According to the sources, the job reduction measure is to affect mainly administrative financial, HR and R&D jobs at the firm’s headquarters in Creteil. As mentioned, the plan is in the framework of a worldwide reorganisation affecting 900 jobs as part of its "Allegro" restructuring plan.
As reported, the company has started negotiations on a social plan with the unions that could change the number of job cuts.
Eurofound (2014), Pernod Ricard, Internal restructuring in France, factsheet number 77406, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77406.