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 Basic Metals 24.1 - Manufacture of basic iron and steel and of ferro-alloys
80 jobs Number of planned job losses
Announcement Date
17 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 December 2009
Description
Carinox, a site of ArcelorMittal, located in the region of Charleroi, is about to cut 80 jobs and reassign another 70 employees. This restructuring is partly linked to the temporary stoppage of the stripping activities of the site of 'decaperie de la Praye' (see fact sheet n°13281). The activities should then be decreased and cause a change in work organisation: three teams instead of four and five working days instead of seven. No compulsory dismissals are forecast: 70 workers will be reassigned to other sites while 80 may leave on early retirement (prepension). ArcelorMittal is facing a severe decrease of demand and a lack of capital. This decision could be very damaging to the possibilities of survival of the metal industry in the region of Charleroi.
Sources
19 March 2009: La Libre Belgique
19 March 2009: Le Soir
Citation
Eurofound (2009), Carinox, Internal restructuring in Belgium, factsheet number 68605, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68605.
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