Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

135 jobs
Number of planned job losses
Job loss
Announcement Date
23 April 2009
Employment effect (start)
Foreseen end date

Description

Algeco, a company specialised in modular contruction, plans to cut of 135 jobs in France. Four regional and 10 out of 18 local agencies will be closed, whereas two company's production sites will not be affected by the cuts. As of 27th April 2009 the restructuring plan is not yet accepted by the trade unions; the negotiations continue.


Sources

  • 25 April 2009: Le Monde

Citation

Eurofound (2009), Algeco, Internal restructuring in France, factsheet number 68773, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68773.