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 management of the American company IQVIA, which is specialised in solutions for healthcare professionals, has announced 173 job cuts as part of a reorganisation of its activities in France. This reorganisation will affect in particular the headquarters in Courbevoie (Haut-de-Seine) and, with 57 job cuts, as the call centre in Amilly (Loiret) will close.
IQVIA aims to restore its competitiveness and to meet current and future market challenges. IQVIA also aims to strengthen the pooling of existing resources within the group, by transferring some of its activities to the group's centres of excellence (located outside France). Job cuts are envisaged to take place between July 2019 and June 2020. The company is promoting voluntary departures to limit the social impacts of the reorganisation and stated that is it ready to hold constructive social dialogue negotiations.
Eurofound (2019), IQVIA Operations France, Internal restructuring in France, factsheet number 97207, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97207.