Internal restructuring
Location of affected unit(s)
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Other Specialised Wholesale
46.72 - Wholesale of metals and metal ores

403 jobs
Number of planned job losses
Job loss
Announcement Date
7 June 2020
Employment effect (start)
1 September 2020
Foreseen end date


The French subsidiary of the German group Klöckner & Co, which is specialised in the sale of steel, metals and industrial supplies, has announced a refocusing of its activity. The plan envisages keeping 26 sites out of 37 in France and cutting nearly 360 positions affecting  staff in head office and agency staff. According to a company press release, the economic and health crisis due to COVID-19 has added to this situation and is severely affecting the company and its customers. Even with an optimistic medium-term economic recovery in sight, and despite the efforts and support of the parent company, the group in France has noted that it will unfortunately not be able to regain the financial equilibrium necessary for its sustainability. In this context, Kloeckner Metals France has decided to take emergency measures to safeguard the jobs of its employees and its presence in France. This project envisages 360 job cuts at Kloeckner Metals France and 43 job cuts at its subsidiary Prafer.  On 7 June, a draft social plan was presented to the works councils of the two entities. The first job cuts are expected by September 2020.

A former reorganisation entailing 349 job cutswas announced in 2015.



Eurofound (2020), Kloeckner Metals France, Internal restructuring in France, factsheet number 100908, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100908.