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 car manufacturer PSA Peugeot-Citroën has decided to recruit 150 employees in its car dealership in France. The employment contracts are expected to be permanent. The company has stated that employees whose profile is of interest will be offered training and therefore experience and qualifications in the automotive sector is not a prerequisite. The company intends to recruit for positions such as sales, delivery and manufacturing services. Over the last two years, PSA Peugeot-Citroën has announced three employment reduction plans, with 400 losses in January 2014, 300 in September 2014 and 300 in June 2015.
Eurofound (2016), PSA Peugeot-Citroën, Business expansion in France, factsheet number 88204, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88204.