Type
Business expansion
Country
France
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines

8,000 jobs
Number of planned job creations
Job creation
Announcement Date
20 April 2011
Employment effect (start)
1 January 2011
Foreseen end date
31 December 2011

Description

SNCF group, the French national rail company, announced its plan to hire 8,000 employees by the end of 2011. Half of these new jobs will be based at the parent company and the other half at SNCF's private subsidiaries such as the local passenger transport company Keolis and the freight transport company Geodis.

The parent company's workforce, however, continue to diminish and the yearly balance of hirings and layoffs will once again be negative with more than 1,800 layoffs planned in 2011. At the same time, the upward trend with regard to employment levels continues in the private subsidiaries and SNCF's total workforce by now accounts for 235,000 people.


Sources

Citation

Eurofound (2011), SNCF, Business expansion in France, factsheet number 71909, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71909.