Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The all-news channel RT France, the French branch of the Russian broadcaster RT, announced its "closure" the day after the French economy ministry froze its bank accounts. According to the channel's president, 123 French employees, including 77 press card holders, are at risk of not receiving their January salary and of losing their jobs. According to the union section of the National Union of Journalists (SNJ) based at RT France, this decision will lead to roughly a hundred redundant employees. The French Ministry of Economy explained that the channel's assets had been frozen in application of the most recent European sanctions against Russia . Accused of being instruments of "disinformation" by the Kremlin, Sputnik and RT were banned from broadcasting in the European Union shortly after the start of the invasion of Ukraine.
Eurofound (2023), RT France, Closure in France, factsheet number 108385, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108385.