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 French subsidiary of Coca-Cola European Partners, the European bottler of Coca-Cola, has announced a reorganisation to reduce production for the French market, which will lead to 128 job cuts within the next 12 months in its headquarter and in its five production sites. Job cuts will occur in 5 bottling plants located in Toulouse (Midi-Pyrénnée), Marseille (Bouche-du-Rhône), Grigny (Essonne), Clamart i(Hauts-de-Seine) and Socx (Nord). These 5 sites produce 90% of the drinks consumed in France. According to the management, the information and consultation process has started on 18 October and the company will propose a plan with internal redeployment, voluntary departures and early retirement. Coca-Cola European Partners (CCEP) has seen its sales 'falling structurally since 2013', according to the management. It employs 24,500 people in the European countries where it operates (Iceland, Norway, Sweden, the Netherlands, Belgium, Luxembourg, Germany, Great Britain, France, Spain and Portugal). Previous reorganisation are recorded on the ERM database with 142 job cuts in 2005 and 199 job cuts in 2013.
Eurofound (2017), Coca Cola Production, Internal restructuring in France, factsheet number 92303, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92303.