Type
Internal restructuring
Country
France
Region
Est; Lorraine;
Location of affected unit(s)
Florange
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

1,550 jobs
Number of planned job losses
Job loss
Announcement Date
24 January 2003
Employment effect (start)
1 January 2009
Foreseen end date
1 December 2010

Description

Arcelor employes 37000 workers in France. The workers affected by the closure of the blast furnace represent half of the persons that will be retired this year. Arcelor will then not go through a social plan for the french closure. Nevertheless, many subcontractors and linked companies and workers will be affected by this plan. No estimations are made for the moment.


Sources

Citation

Eurofound (2003), Arcelor, Internal restructuring in France, factsheet number 59449, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59449.