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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Beverages 11.01 - Distilling, rectifying and blending of spirits
165 jobs Number of planned job losses
Announcement Date
29 July 2014
Employment effect (start)
1 January 2015
Foreseen end date
1 January 2018
Description
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.
Sources
29 July 2014: Les Echos
Citation
Eurofound (2014), Pernod Ricard, Internal restructuring in France, factsheet number 77406, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77406.
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