The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.10 - Manufacture of motor vehicles
313 - 340 jobs Number of planned job losses
Announcement Date
4 April 2012
Employment effect (start)
23 April 2012
Foreseen end date
30 April 2012
Description
Sovab, a manufacturer of commercial vehicles from Renault, has announced its decision to substantially reduce the production. The temporary workers, which represent 440 people of the total workforce of 2,806 employees, will be the first to be hit by this measure. It was announced that up to 340 of the temporary workers are to be dismissed by the end of April 2012.
UPDATE, 20.04.2012: Some 313 employees have been so far dismissed.
Eurofound (2012), Société de Véhicules Automobiles de Batilly, Internal restructuring in France, factsheet number 73500, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73500.
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