Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Various units across France
Sector
Mining / Quarrying
Mining And Quarrying
Other Mining And Quarrying
08 - Other mining and quarrying

680 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2009
Employment effect (start)
Foreseen end date

Description

Rio Tinto, an Australian mining company, is to make redundant 680 employees across various sites in France. The redundancies are part of a European-wide restructuring involving 1,500 job cuts. The company announced its restructuring plan this week following a meeting with a European Work's Council.  " These measurements, although difficult, are essential to make it possible for Rio Tinto to face the difficulties of the sector and to remain competitivie", explained Hugo Bagué, HR Director of the group.  Rio Tinto Alcan has additionally announced 1,100 job cuts worldwide.


Sources

Citation

Eurofound (2009), Rio Tinto, Internal restructuring in France, factsheet number 68255, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68255.