[aaplok]

> Were they a coop when they went bankrupt?

They were not. In fact they went through series of mass-redundancy episodes that were supposed to save them from bankruptcy, soon followed by yet another bankruptcy.

The COOP might fail. Indeed the call for contributions discussed in the article was motivated by that risk. But it won't fail because it was a COOP, because every CEO who tried also failed to save it. The COOP structure is this company's last chance, literally.

[mytailorisrich]

Their Wikipedia page says that headcount is flat to increasing over the last 10 years.

The coop structure is a result of their bankruptcy in 2024. As I understand, this was the proposal that didn't involve any layoffs and it was chosen by the bankruptcy court. They also got a large de facto subsidy. The fact that they have run out of money again so quickly (the root of the article) is quite worrying to say the least.

None of that changes anything to the points of my previous comment.

[aaplok]

Except that these employees had been put on temporary unemployment (chômage partiel) [0] and their difficulties have been going on for much longer than 10 years.

Ultimately all I am saying is that other structures have not fared better than the COOP. Claiming that the potential current failure is because the COOP prevents hard decisions to be made while ignoring the fact that the previous owner lasted 3 years before failing (in spite of the temporary unemployment decisions) is not logical.

[0] https://www.novethic.fr/economie-et-social/business-model-en...