Belgium: a study on restructuring management ten years after the implementation of the “Renault” law

The Claeys & Engels law firm carried out a study on restructurings and social plans concerning 216 collective bargaining agreements concluded during 100 recent restructurings between 2006 and 2008. According to the study, conciliation procedures are increasingly lengthy and social plans increasingly costly. Although the reclassification of dismissed workers is becoming more important, it is still not a priority. (Ref. 080833)
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The new study of the Claeys & Engels law firm, after the study carried out in 2002-04, arrives ten years after the adoption of the “Renault” law, voted after the announcement by the French car manufacturer of the shutdown of the Vilvorde factory in 1997 with 3.000 job cuts at stake. The procedure plans two steps: a phase of information and consultation of the workers before the actual restructuring decision.

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