Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20.42 - Manufacture of perfumes and toilet preparations

300 jobs
Number of planned job losses
Job loss
Announcement Date
1 February 2023
Employment effect (start)
1 February 2023
Foreseen end date
31 December 2025

Description

Groupe Rocher has made an announcement to lay off 300 employees in France within three years. The 300 job cuts are part of a job and career management agreement (GEPP) signed on 16 January by the majority CFE-CGC union and the CFTC.

The group's three production sites in Brittany would be affected, including the Ploërmel factory (110 employees) which is expected to close down by 2025. Groupe Rocher is not planning any forced dismissals, but job closures following retirements. Some employees will be offered mobility within the company.

Elsewhere in the world, more than a thousand of the 16,300 Group Rocher global workforce would be at risk of losing their jobs.

Groupe Rocher, present in 114 countries, had a turnover of €2.4 billion in 2021. It fell by €355 million between 2019 and 2021. Over the same period, the group had already lost over a thousand jobs.


Sources

Citation

Eurofound (2023), Groupe Rocher, Internal restructuring in France, factsheet number 108369, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108369.