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.
Nestlé France will cut about 400 positions in its administrative services in the next three years, announced the group, pledging to offer a reclassification to all employees concerned. 'Everyone will be offered a position' in the company, said the management of Nestlé France which employs a total of about 13,000 people. Nestlé France will reduce hiring, to be able to propose a reclassification to the employees concerned. 'We want to manage this transformation without redundancies', the management said.
The announcement is part of a larger reorganisation announced in January 2017 to cope with the impact of digitalisation and administrative simplification. In the meantime, Nestlé France has also begun to negotiate a voluntary departure plan in its Galderma R&D centre to cut about 400 positions.
Eurofound (2018), Nestlé France, Internal restructuring in France, factsheet number 93178, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93178.