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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
299 jobs Number of planned job losses
Announcement Date
19 June 2019
Employment effect (start)
1 November 2019
Foreseen end date
31 March 2020
Description
The French pharmaceutical giant Sanofi has announced a restructuring plan for its R&D activities that will result in 299 jobs cuts by early 2020 in the framework of a restructuring involving also Germany (167 job cuts). Sanofi wants to redirect its activities in the strategic areas of oncology, immunology, rare diseases and vaccines. Sanofi currently has nearly 4,000 research and development employees in France, out of a total of 15,000 worldwide in this type of activity.
The plan was presented to employee representatives at a central social and economic committee of the research and development division. Negotiations are expected to take a few months for the plan to be implemented in late 2019 or early 2020. The group has cut positions in France in the last years: in 2016 (657 jobs), 2014 (200 jobs), 2012 (270 jobs) and recently in March 2019 (232 jobs). A worldwide restructuring was recorded in 2011 (1,400 to 3,000 job cuts in R&D, announced in 2011).
Eurofound (2019), Sanofi, Internal restructuring in France, factsheet number 98066, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98066.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
