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 Electrical Equipment 27 - Manufacture of electrical equipment
1,043 jobs Number of planned job losses
Announcement Date
6 June 2005
Employment effect (start)
Foreseen end date
Description
Schneider Electric, the manufacturer of equipment for electric distribution, has announced a restructuring programme which involved the closure of three sites: Pacy-sur-Eure (230 jobs), Angoulême (300 jobs), Grenoble (464 jobs) and the reorganization of its Longvic's site near Dijon where 49 jobs will be suppressed out of 240 jobs. Management decided to spread the measures over 2006 and 2007 and rely on early retirements (280 people) and redeployment.
Sources
13 June 2005: Les Echos
6 June 2005: Les Echos
Citation
Eurofound (2005), Schneider Electric, Closure in France, factsheet number 61895, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61895.
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