Type
Internal restructuring
Country
France
Region
Méditerranée; Provence-Alpes-Côte d\'Azur; Bouches-du-Rhône
Location of affected unit(s)
marseille
Sector
Transportation / Storage
Land, Water And Air Transportation
Water Transport
50 - Water transport

190 - 210 jobs
Number of planned job losses
Job loss
Announcement Date
26 January 2005
Employment effect (start)
Foreseen end date

Description

The Société Nationale Maritime Corse Méditerranée (SNCM), a major operator in passenger, vehicle and freight transportation in the Western Mediterranean announced on 26 January 2005 that at least 190 jobs would be suppressed. The company shows a deficit of about €28 millions. The tourist season for 2004 was not good for Corsica. Moreover, the increase of oil price and the two great social conflicts during 2004 made the situation worse. This reduction concerns the sea-going personnel. Unions decided to go on strike on 3 February 2005.


Sources

  • 31 January 2005: Les Echos
  • 28 January 2005: Les Echos
  • 26 January 2005: Les Echos

Citation

Eurofound (2005), SNCM, Internal restructuring in France, factsheet number 61091, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61091.