The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Coke And Refined Petroleum Products Manufacture Of Coke And Refined Petroleum Products 19 - Manufacture of coke and refined petroleum products
700 - 1,400 jobs Number of planned job losses
Announcement Date
23 November 2020
Employment effect (start)
1 March 2021
Foreseen end date
Description
The French oil group Total has begun negotiations with the trade unions on a voluntary departure plan with a view to cut 700 net jobs. Departures in operational positions will be compensated for by recruitment, but departures at the group's headquarters will not be replaced.
According to management, this plan would mainly concern employees at the end of their careers who would be offered an exemption from work.
Total's management refused to quantify the impact of this plan in terms of jobs, explaining that the number of employees concerned will depend terms and conditions agreed during negotiations.
The CGT central trade union delegate estimates that 'between 1,400 and 1,500' employees could take the departure plan out of the 16,000 Total employees in France, and around 'half' would not be replaced. For the CFDT, this negotiation is a good initiative because it will result in the hiring of young people in activities with a future such as R& to expand the group's focus to different energy sources. The representative reported that natural departures are already no longer being replaced in the head offices, because of the hiring freeze.
Eurofound (2020), Total, Internal restructuring in France, factsheet number 102694, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102694.
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