Cinram

Type
Internal restructuring
Country
France
Region
Grand Est; Lorraine; Vosges
Location of affected unit(s)
Saint-Marguerite (Vosges)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
103 jobs
Number of planned job losses
Job loss
Announcement Date
16 May 2003
Employment effect (start)
1 May 2003
Foreseen end date
1 December 2003

Description

Cinram announced the closure by the end of the year of its unit located in 'Sainte-Marguerite'. This is due to the changing market of video tapes since the introduction of the DVD. The company do not want to dismissed all the workers. They might be transfered to another unit in 'Haute-Normandie'.

Sources

  • 16 April 2003: Les Echos

Citation

Eurofound (2003), Cinram, Internal restructuring in France, factsheet number 59338, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59338.