Type
Internal restructuring
Country
France
Region
Bassin Parisien; Picardie; Oise
Location of affected unit(s)
Compiègne (Oise)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.42 - Aluminium production

127 jobs
Number of planned job losses
Job loss
Announcement Date
12 July 2006
Employment effect (start)
Foreseen end date
29 December 2006

Description

Affimet has announced that it will cut 127 jobs in the site of aluminium recycling in Oise, in the north of Paris, before the end of the year 2006. The Oise site employs 212 people. It is argued that the CEO would have made this decision because the company could be sold in the next months to the English group RecovCo. The trade unions are anxious because Affimet Oise has EUR 15 million of losses.


Sources

  • 13 July 2006: Le Parisien

Citation

Eurofound (2006), Affimet Oise, Internal restructuring in France, factsheet number 63770, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63770.