Question-and-Answer Session
[Operator Instructions]. Our first question comes from the line of Suji De Silva with Kaufman Brothers. Please go ahead with your question.
Suji De Silva - Kaufman Brothers
Hi, guys nice job on the quarter and Steven welcome aboard, look forward to working with you.
Stephen Cumming - Vice President of Finance and Chief Financial Officer
Thank you.
Suji De Silva - Kaufman Brothers
On the France initiatives that you are just announcing, what would say abut the timing of those Steve at this potential it will be driving the timing for them and then what could be some of the financial scenarios you would envision coming out of that review?
Steven Laub - President and Chief Executive Officer
Yes, hi, Suji, this Steve Laub. So let me tell you we can share at this point which is actually rather limited. We've made proposals to the French works council on potential redundancies of approximately 210 employees hoping that we say and non facilities [ph].
The discussions we have had with the works councils is expected to take it's cost for two to three months, and the best we can tell you to our more definitive information of full year, once we've completed that consultation process.
Suji De Silva - Kaufman Brothers
Okay, and then what's over the timing Steve just to understand?
Steven Laub - President and Chief Executive Officer
We're doing the timing out of -- ?
Suji De Silva - Kaufman Brothers
Of the review, you're starting to review at this point?
Steven Laub - President and Chief Executive Officer
I think the best thing for us given the parameters of this process of these it's called a social plan, that's the best thing first this point is really not to discuss any further of the respective context of that.
Suji De Silva - Kaufman Brothers
Fair enough. And then switching topics on the segments can you talk about your outlook for the third quarter by the segment?
Steven Laub - President and Chief Executive Officer
Yes, respect to the third quarter, and this is will alluded, we would say excluding the adjustment we are making because of the change in our European distributions a revenue recognition model.
In case we're assuming the 1% to 4% growth, excluding that, our outlook would be for example, our market controller business, should grow about approximately 5% sequentially. You should assume that our memory businesses would be at about... probably double-digits, sort of low double-digits sequentially.
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