Type
Internal restructuring
Country
France
Region
Départements d\'Outre-Mer;
Location of affected unit(s)
Nouvelle-Calédonie
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Metal Ores
07 - Mining of metal ores

285 jobs
Number of planned job losses
Job loss
Announcement Date
19 November 2009
Employment effect (start)
1 January 2010
Foreseen end date
31 December 2011

Description

The French nickel mining company Société Le Nickel will cut 285 jobs. This is part of a cost-cutting plan that aims at reducing annual costs by €90 million by 2012. The company said that it will avoid direct dismissals.

56% of the company is owned by Eramet. Société Le Nickel currently employs 2385 people.


Sources

Citation

Eurofound (2009), Société Le Nickel, Internal restructuring in France, factsheet number 69870, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69870.