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.
Orion, a textile company specialising in ultrasonic welding and cutting of flexible materials, has announced the recruitment of 120 employees by the end of 2020. In June 2019, one of its main customers in the luxury leather goods sector entrusted it with a major contract. To meet the new production target, Orion must therefore recruit 60 people in 2019 and 60 more in 2020. Each employee involved in this activity must first receive 400 hours of training.
The recruitment procedure is managed by the public employment service (Pôle emploi) on platforms that make it possible to recruit employees with no particular diploma or experience but validate their dexterity and their ability to perform the requested manual tasks.
Eurofound (2019), Orion, Business expansion in France, factsheet number 98916, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98916.