Thalès Systèmes Aéroportés

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Elancourt (Yvelines), Brest(Finistère), Pessac (Gironde)
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
560 jobs
Number of planned job losses
Job loss
Announcement Date
24 November 2005
Employment effect (start)
Foreseen end date

Description

Following a fall of its activity, the subsidiary of Thalès, Systèmes Aéroportés, will suppress 560 jobs at its three sites: Elancourt (Yvelines, 350 losses out of 2880), Brest (Finistère, 130 losses out of 1050), and Pessac (Gironde, 80 losses out of 920). The termination of large contracts, the increase of competition and the decrease of prices are reasons given for the restructuring.

Sources

  • 25 November 2005: Les Echos

Citation

Eurofound (2005), Thalès Systèmes Aéroportés, Internal restructuring in France, factsheet number 62760, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62760.