EMCC European Monitoring Centre on Change

Canal Numedia

Company/Organisation:
Canal Numedia

Geographic Location

Country: France

Company

Sector: Information / communication
IT and other information services
62.09 - Other information technology and computer service activities
Number Employed: 67
Group: Vivendi Universal

Employment Effects

Announcement Date: 12-11-2003
Planned Job Reductions min: 47
Planned Job Reductions max: 67
Type of Restructuring: Bankruptcy/Closure
Direct Dismissals: 47
Other Job Reduction Measures: 20

Additional Information

Subsidiary of Vivendi Universal (Canal+), Canal Numedia is in charge of several internet portals, such as Canalplusfr, iTelevisionfr, etc. The group announced the closure of the company affecting therefore the 67 employees. Following trade unions, 47 employees should be directly dismissed and 20 employees should be transfered to another company of the group, i.e.: Atos Origin. The measure is due to a strategic reorientation of Vivendi Universal concerning its internet activities.