Internal restructuring
Location of affected unit(s)
Déville-lès-Rouen, Saint-Saulve, Aulnoye-Aymeries
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.20 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

350 jobs
Number of planned job losses
Job loss
Announcement Date
18 November 2020
Employment effect (start)
1 January 2021
Foreseen end date


Vallourec, the French specialist in seamless steel tubes, has announced 350 job cuts. 

The company is heavily dependent on an auto market where demand has reduced due to the COVID-19 pandemic and reduced mobility / transport. The company is set to close the Déville-lès-Rouen plant (Seine-Maritime), which accounts for 200 jobs. The group's sites in the Nord department would also be affected by the loss of 130 jobs, 43 of them at  Aulnoye-Aymeries plant and roughly 90 at Saint-Saulve plant.

Vallourec recorded sales of €716 million in the third quarter of 2020, down by 32%, but its gross operating income remained slightly higher. Worldwide, Vallourec plans to cut 1,050 positions out of a total of nearly 19,000 employees. It had already announced in the first half of the year that it was cutting 900 jobs in North America, that is a third of the region's workforce. Three previous restructurings were announced in 2015 with 550 job cuts145 job cuts in May 2014 and 117 job cuts in 2004.



Eurofound (2020), Vallourec Tubes France, Internal restructuring in France, factsheet number 102570, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102570.