The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
200 jobs Number of planned job losses
Announcement Date
16 February 2005
Employment effect (start)
Foreseen end date
Description
Alstom Chaudières announced on 16 February 2005 a restructuring. The job reduction concerns in France the Vélizy site. 200 jobs will be suppressed out of 250. The reason is the slump in demand in Europe and USA even thought the Asian market is booming. The company is also to suppress 100 jobs in Germany and 40 jobs in USA.
Eurofound (2005), Alstom Chaudières, Internal restructuring in France, factsheet number 61220, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61220.
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