Internal restructuring
Bassin Parisien; Bourgogne; Saône-et-Loire
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.51 - Casting of iron

100 - 130 jobs
Number of planned job losses
Job loss
Announcement Date
5 June 2014
Employment effect (start)
2 June 2014
Foreseen end date
31 December 2015


The stainless steel manufacturer Aperam, a spin-off of ArcelorMittal, has announced a restructuring of its plant at Geugnon (Saône-et-Loire) with 100 to 130 job cuts. The plant faces sharp competition due to the increase of imports of Chineese products. The management want to invest and to modernise some production lines to increase the competitiveness of the site. At the same time it will freeze the oldest and non-competitive lines. According the union CFE-CGC, without this reorganisation, even it refuses job cuts, the site will close in two or three years. Aperam is a global player in stainless steel production with 2.5 mt of flat stainless steel capacity in Europe and Brazil (27% of segment output in 2009). It has 9.500 employees worldwide. The site of Geugnon employed 1439 employees in 2003. The workforce has been reduced mainly by natural departures and retirements since then. In February 2011, Aperam announced the loss of 223 positions at its plant of Isbergues (North of France).   


  • 5 June 2014: Le journal de Saône et Loire
  • 26 June 2014: Le journal de Saône et Loire


Eurofound (2014), Aperam, Internal restructuring in France, factsheet number 77216, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77216.