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 director of the Auxerre hospital has announced about a hundred job cuts in the public hospital in order to reduce the €7 million deficit recorded by the establishment. Since 2015, it has been losing money every year, partly because there are fewer and fewer patients, but also because there are 30 doctors missing from the hospital, which forces the institution to hire temporary workers, who are more expensive. To overcome this deficit, the Regional Health Agency (ARS) asked the institution to make savings. To achieve these objectives, the Director has therefore announced 100 job cuts, in addition to the 60 positions that were cut between 2017 and 2019. These will mainly consist of unreplaced departures and unreplaced transfers.
Eurofound (2019), Centre hospitalier spécialisé de l'Yonne, Internal restructuring in France, factsheet number 98960, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98960.