Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale Of Other Machinery, Equipment And Supplies
46.66 - Wholesale of other office machinery and equipment

250 - 388 jobs
Number of planned job losses
Job loss
65 jobs
Number of planned job creations
Job creation
Announcement Date
10 July 2013
Employment effect (start)
Foreseen end date

Description

Manufacturer of imaging and optical products Canon has updated its restructuring plan from 2012 and will employ 191 less staff than announced. This includes 99 additional job dismissals and a cut of job creations by 92 positions.

In total, the restructuring includes the dismissal of 453 staff and 65 job creations.

According to the management, the measures were needed in order to stay competitive after buying the former competitor Oce.


Sources

  • 10 July 2013: Les Echos

Citation

Eurofound (2013), Canon, Internal restructuring in France, factsheet number 76475, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76475.