EMCC European Monitoring Centre on Change

Canal+

Company/Organisation:
Canal+

Geographic Location

Country: France

Company

Sector: Information / communication
Publishing, audiovisual and broadcasting activities
60 - Programming and broadcasting activities
Number Employed: 3038
Group: Vivendi Universal

Employment Effects

Announcement Date: 04-02-2003
Planned Job Reductions min: 443
Planned Job Reductions max: 443
Type of Restructuring: Internal restructuring

Additional Information

The Canal+ social plan affects 443 workers out of 3038. 251 jobs will be suppressed at holding 'Canal+ S.A.', 'Canal-Satellite' and 'Canal+ Distribution'. 54 other jobs will be suppressed at StudioCanal. Moreover, 138 jobs will be transfered to other related companies. These measures are the consequences of the financial difficulties of the group.