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.
On 29 September 2016, the management of Siemens Energy Management has announced to its Central works council a social plan to cut about 106 positions (about 20% of the current workforce). On 30 September, over 200 employees went on strike to denounce this reorganisation that arrives 6 years after a reorganisation that affected 330 positions. The secretary of the works council explains that the orders book has been full for 5 years and that there are no reason to launch a new social plan. He fears that Siemens could sell the site.
Eurofound (2016), Siemens Energy, Internal restructuring in France, factsheet number 88735, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88735.