Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Pont à Mousson (Meurthe et Moselle), Rognac (Bouches du Rhône), Wavrin (Nord )
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18 - Printing and reproduction of recorded media

93 - 178 jobs
Number of planned job losses
Job loss
Announcement Date
29 May 2006
Employment effect (start)
30 June 2006
Foreseen end date
29 December 2006

Description

Lithotech France (Dutch group Verdoso BV since April 2006), which employs 550 workers in France in its activities of supplying documents to companies, announced an internal restructuring affecting three of its establishments. All in all, 178 jobs are expected to be lost. 57 jobs will be cut as a result of the closure (before January 2007) of the site of Pont à Mousson (Meurthe and the Moselle). Moreover, 121 further jobs are to be cut in Rognac, Bouches du Rhône & Wavrin, Nord according to trade unions. In any case, after the negotiation of the social plan the CEO mentioned that they were hoping to cut 93 jobs. These job reductions are due to the reduction of the sales turnover by 30% in the last five years.


Sources

  • 29 May 2006: Les Echos

Citation

Eurofound (2006), Lithotech France, Internal restructuring in France, factsheet number 63558, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63558.