Type
Internal restructuring
Country
Belgium
Region
Location of affected unit(s)
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.1 - Electric power generation, transmission and distribution

245 - 400 jobs
Number of planned job losses
Job loss
Announcement Date
23 January 2013
Employment effect (start)
31 March 2013
Foreseen end date
31 July 2013

Description

Electrabel, supplier of electricity and gas and a member of French company GDF Suez, announced its intention to cut 245 full-time equivalents. The cuts are implemented to save around 50 million Euros. This is part of the 'Perform Plan 2015', which aims at saving 3.5 billion euros worldwide.

The Renault procedure was launched.


Sources

  • 23 January 2013: L'Echo

Citation

Eurofound (2013), Electrabel, Internal restructuring in Belgium, factsheet number 74821, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74821.