Type
Internal restructuring
Country
France
Region
Sud-Ouest; Aquitaine; Gironde
Location of affected unit(s)
Vérac
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.5 - Casting of metals

86 jobs
Number of planned job losses
Job loss
Announcement Date
17 May 2005
Employment effect (start)
Foreseen end date

Description

The French automotive parts manufacturer, Le Bélier, specialised in the casting of aluminium, planned on 17 May 2005 to suppress 86 jobs out of 544 at its Vérac’s site in Gironde. The announcement didn't come as a surprise as the company in the last years developed most of its activities in foreign countries.


Sources

  • 17 May 2005: Les Echos

Citation

Eurofound (2005), Le Bélier, Internal restructuring in France, factsheet number 61646, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61646.