Trèves

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Ay-Champagne(Marne), Montcornet, Gauchy(Aisne), Etupes(Doubs), Ploërmel(Morbihan), La Cateau-Cambrésis, Cambrai(Nord), Crépy-en-Valois(Oise), Sandouville(Seine-Maritime)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
700 jobs
Number of planned job losses
Job loss
Announcement Date
25 November 2005
Employment effect (start)
Foreseen end date

Description

Management of Trèves, a company working in the automotive accessories industry announced on 25 November 2005 a redundancy programme involving 700 job losses out of 2,900 workers in France. This decision concerns its nine sites: Ay-Champagne (Marne), Montcournet and Gauchy (Aisne), Etupes (Doubs), Ploërmel (Morbihan), Le Cateau-Cambrésis and Cambrai (Nord), Crépy-en-Valois (Oise) and Sandouville (Seine-Maritime). Reasons given are the decrease of sales prices combined with an increase of raw material's prices. Negociations are to begin in January 2006.

Sources

  • 25 November 2005: Les Echos

Citation

Eurofound (2005), Trèves, Internal restructuring in France, factsheet number 62761, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62761.