Lafarge

Type
Merger/Acquisition
Country
World
Region
Location of affected unit(s)
France, Switzerland, United States, China, Malaysia, Egypt, Canada, Austria
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.6 - Manufacture of articles of concrete, cement and plaster
23.6 - Manufacture of articles of concrete, cement and plaster
380 jobs
Number of planned job losses
Job loss
37 jobs
Number of planned job creations
Job creation
Announcement Date
5 May 2015
Employment effect (start)
1 July 2015
Foreseen end date
31 December 2016

Description

Cement producer Lafarge has announced to its European Works council that it plans to cut about 380  positions worldwide, 203  of these in France as previously reported.

At the same time the company is to create 37 positions in its research and development activities in France.

The reorganisation is in the in the frame of a reorganisation linked to the merger process with Swiss cement producer Holcim.

Lafarge actually employees 63,000 workers worldwide.

Sources

  • 19 May 2015: Lafarge (press release)
  • 20 May 2015: Le Monde

Citation

Eurofound (2015), Lafarge, Merger/Acquisition in World, factsheet number 83458, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83458.