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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
440 jobs Number of planned job losses
Announcement Date
1 July 2003
Employment effect (start)
1 July 2003
Foreseen end date
1 December 2004
Description
The 'Illkirch' unit of Alcatel announced a restructuring plan linked with its reconversion from the telephony sector to the automobile supply sector.
The reconversion conducts Alcatel to reduce the manpower of the unit from 590 to 200 by the end of 2004.
The restructuring will be implemented through other job reduction measures than direct dismissals, such as natural leaves (100), voluntary early retirements (150) and other measures (190).
Sources
26 November 2003: Les Echos
15 January 2004: Les Echos
1 July 2003: Les Echos
Citation
Eurofound (2003), Alcatel, Internal restructuring in France, factsheet number 59769, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59769.
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