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 Purina, the manufacturer of pet food, has announced 231 job cuts in France over the next three years, including 49 at the Montfort-sur-Risle (Eure) site. The plants at Veauche (Loire), Aubigny (Calvados), Quimperlé (Finistère) and Marconnelle (Pas-de-Calais) are also affected. The announcement was made at a central works council meeting held on 12 February, to present the details of the transformation project. The company wants to reduce production costs, which will involve job cuts, renegotiating working time agreements and reducing the operating costs of facilities such as materials, water and energy.
Eurofound (2019), Nestlé Purina, Internal restructuring in France, factsheet number 96687, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96687.