Type
Internal restructuring
Country
Belgium
Region
Région Wallonne; Prov. Liège; Arr. Liège
Location of affected unit(s)
Ferblatil Tilleur
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

332 - 342 jobs
Number of planned job losses
Job loss
Announcement Date
18 October 2007
Employment effect (start)
1 January 2008
Foreseen end date
31 December 2008

Description

Arcelor Packaging, part of the Mittal Steel group, will have to reduce 40 % of its production by the end of 2008. Only 70 to 80 jobs will be kept on the site of Tilleur to ensure the remaining part of the production. For now, the management have not yet planned how to deal with the future industrial plan. However, according to a trade union delegate, a large number of early retirements and voluntary redundancies will take place in order to avoid direct dismissals.


Sources

Citation

Eurofound (2007), Arcelor Packaging, Internal restructuring in Belgium, factsheet number 65969, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65969.