Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24 - Manufacture of basic metals

1,100 jobs
Number of planned job losses
Job loss
100 jobs
Number of planned job creations
Job creation
Announcement Date
18 September 2003
Employment effect (start)
Foreseen end date
1 December 2003

Description

Eramet announced a restructuring plan affecting around 1,100 workers out of a total of 4,100. 750 will be affected in the alloy activities and 350 will be hit by the closure of the 'Boulogne-sur-Mer' unit. The restructuring plans includes measures such as early retirement, retirement, end of temporary contracts and dismissals leading to partial unemployment. The restructuring will create 100 jobs.


Sources

  • 19 September 2003: Les Echos
  • 18 September 2003: Les Echos

Citation

Eurofound (2003), Eramet, Internal restructuring in France, factsheet number 59514, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59514.