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 For Transport Equipment Manufacture Of Other Transport Equipment 30.30 - Manufacture of air and spacecraft and related machinery
12,000 jobs Number of planned job creations
Announcement Date
3 January 2022
Employment effect (start)
3 January 2022
Foreseen end date
31 December 2022
Description
French aeronautical equipment manufacturer Safran has announced that it will create 12,000 jobs globally in 2022. So far, about 3,000 positions are to be created in France. The grousp expects a recovery of air traffic in 2022, after the crisis in the aviation sector related to the COVID-19 pandemic. Safran is to increase its production capacity. Moreover, between 2021 and 2025, it plans to commit €4 billion ($4.62 billion) in research and technology.
Safran is the world's third largest aerospace contractor. Currently, the company has 351 units in 31 countries and employs more than 76,000 people worldwide.
Eurofound (2022), Safran, Business expansion in World, factsheet number 106142, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106142.
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