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.
US-based technical solutions provider Pitney Bowes is to cut 74 positions out of a total workforce of 650 employees in France (including 400 are based in Saint-Denis headquarters).
Unions have organised several strike actions to demand a more advantageous redundancy package and increase the budget for the social plan. The management explains to have to deal with persistent decline of the postal activities and the aim is to restore the firm’s competitiveness. The management has asked workers to stop their strike, warning that this will “minimize the social impact” of the reorganisation.
Eurofound (2015), Pitney Bowes, Internal restructuring in France, factsheet number 83612, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83612.