Rapidly restructuring a French subsidiary of a Dutch multinational

The Situation

After benchmarking the operations of the French subsidiary with the other subsidiaries of the group, the Board decided to reduce its capacity by half. To manage the restructuring project, the company needed an experienced crisis manager, with an in-depth knowledge of the French labour market and the ability to communicate to the Board in Dutch. The ideal candidate would also be adept at handling delicate situations, given the international nature of the customer base.

The Solution

Through its international network, WIL Group proposed a Belgian Interim, Crisis Manager with extensive experience in France, who was also a master of both French and Dutch languages and business procedures. The Crisis Manager was responsible for analysing the local situation and rolling out the restructuring plan in line with French legislation. The implementation was supervised and managed by WIL Group in France.

The Result
                    After a thorough analysis, it was concluded that the French subsidiary was no longer viable.  WIL Group candidate effectively rolled out the procedure for the shutdown in accordance with the local legislation. Through a clear and open communication with the Workers’ Counsel, WIL Group Crisis Manager avoided any social conflicts. The shutdown was concluded successfully and efficiently within the timeframe and budget. This could only have been achieved with involvement from WIL Group and its unique offering of global, cross border business expertise.
                                                        

Multi-Country Solution - Leveraging resources from:

Netherlands

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