Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

318 jobs
Number of planned job losses
Job loss
Announcement Date
3 June 2004
Employment effect (start)
Foreseen end date
31 December 2005

Description

Schneider, the electrical apparatus manufacturer, will shed 318 jobs in France before the end of 2005. The job reduction plan adds up to the one of last year, involving 600 dismissals. This time there will be no direct dismissals, but only voluntary departures, early retirement measures and social accompaniment for business start up. Most of the affected jobs are located in the regions of Paris and Grenoble.


Sources

  • 4 June 2004: La Tribune

Citation

Eurofound (2004), Schneider Electric, Internal restructuring in France, factsheet number 60473, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60473.