Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
France (Lille, Morlaix, Dijon and Tonneins) and Spain (Sevilla, Tarragona and Cadix)
Sector
Manufacturing
Manufacture Of Tobacco Products
Manufacture Of Tobacco Products
12 - Manufacture of tobacco products

472 jobs
Number of planned job losses
Job loss
Announcement Date
7 July 2006
Employment effect (start)
1 September 2006
Foreseen end date
28 February 2007

Description

The Franco-Spanish tobacco group Altadis, which employs 27,175 people in Europe) has announced the loss of 472 jobs in France and in Spain (between September 2006 and February 2007). The plans of reorganization and restructuring of Altadis aim to reduce the costs. With an aim of saving, the Parisian office of the Group will move within Paris.


Sources

  • 12 July 2006: Infos Economie Finance

Citation

Eurofound (2006), Altadis, Internal restructuring in European Union, factsheet number 63771, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63771.