Randstad Holding NV Announces Restructuring Plan In France

Randstad Holding NV announced that it has entered into formal discussions with the employee representative partners in France about a restructuring plan. Randstad France is currently relying on five business units: construction, industry, expert & professionals, logistics & retail and the services industry. The new agency network will be built on five regions, each integrating the existing industry segments. In several cities, branches will be combined and form a single multi-specialist branch, thus enabling synergies, increasing commercial opportunities as well as cross-selling and clarifying the scope of activities. The plan includes a voluntary departure plan concerning a maximum of 163 jobs, only in management functions.