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Bouygues Immobilier
Main severance
225 positions (~21% headcount)
Health cover
Statutory portability
Status
Signed
Positions affected
225 positions / 1,054 headcount (~21%)
Context
Why the plan was launched and who is affected
Plan type
Sector crisis
Sites affected
Bouygues Immobilier France (HQ + regional offices)
Rationale & context
PSE announced 8 April 2024 at Bouygues Immobilier (residential and commercial developer, subsidiary of Bouygues group). 225 positions of 1,054 headcount = 21%, the highest impact rate of the 2024 'real estate wave' (vs 5-6% at Nexity). Context: -14% real estate revenue in 2023, new construction crisis, building permit collapse, high interest rates. Particularity: Bouygues Immobilier prioritizes internal reclassement within Bouygues perimeter (BTP, Telecom, Media) — option facilitated by the diversity of the family conglomerate.
Look here first
Severance
What employees received — legal base, supra-legal, caps
Legal / collective indemnity
This is the minimum guaranteed by your sector's collective agreement. Paid to every affected employee on top of the statutory legal indemnity.
Building & Public Works collective indemnity
Underlying formula ·
Supra-legal top-up
The amount negotiated by unions ON TOP OF the legal and collective minimum. Often the largest part of the package.
Details not public
Notice period
Period between the dismissal notification and the actual departure. The employee remains paid during this time, whether they work or not.
Not specified in the PSE.
Collective minimum · Construction & public works agreement — Workers: 1 to 2 months by seniority. Technicians: 1 to 2 months. Managers: 3 months.
Example — rough estimate
For a manager (cadre) employee with 5 years of seniority and €3,500 gross/month:
| Collective severance | (1.25 months × €3,500) | €4,375 |
| Supra-legal severance | — | Not publicly disclosed |
Very rough illustrative estimate. Your actual amount depends on your exact reference salary (max of 1/12 of last 12 months or 1/3 of last 3 months, bonuses included — art. R1234-4 French Labour Code), your precise status (manager/non-manager/ETAM), your hire date and your individual situation. For a personalized calculation of the legal indemnity, use the official French Ministry of Labour simulator.
Support
Outplacement, training, retraining aid and mobility
Device type
The scheme to help you find a new job: reclassement leave, CSP, or another mechanism.
Internal reclassement within Bouygues group (Construction, Public Works, Telecom)
Selection
How departures are decided — criteria and voluntary scheme
Voluntary departures
| Conditions | Voluntary departures privileged — Bouygues Immobilier states it wants to limit forced layoffs |
Who can apply for voluntary departure and under what conditions.
Notes & sources
Additional information and references
Notes
Announced 8 April 2024, weeks after announcement of degraded annual results. 225 positions of 1,054 = 21% of headcount — very high impact rate, among the strongest in the 2024 real estate wave. Bouygues Immobilier states it prioritizes voluntary departures and internal reclassement within Bouygues group (including Bouygues Construction, Travaux Publics, Telecom).
📄 AEF Info — Bouygues Immobilier engage un PSE (avril 2024) · View source →