Alstom

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
8,500 jobs
Number of planned job losses
Job loss
Announcement Date
26 May 2004
Employment effect (start)
Foreseen end date

Description

Alstom has announced a worldwide restructuring plan that will affect 8,500 people, instead of the first 7,000 that were planned. At least 5,000 of these redundancies will take place in Europe.

Sources

  • 26 May 2004: Le Monde

Citation

Eurofound (2004), Alstom, Internal restructuring in World, factsheet number 60692, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60692.