Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

250 jobs
Number of planned job losses
Job loss
Announcement Date
28 April 2010
Employment effect (start)
28 April 2010
Foreseen end date
31 December 2011

Description

Helicopter maker Eurocopter announced plans to cut 250 jobs in its support operations in France as part of a €155 million cost-saving plan. The subsidiary of European aerospace group EADS is seeking to cope with the downturn in the civil helicopter market and will combine the cuts with investment in new projects, including two new helicopter models. The company is also planning to increase the share of its military helicopter production.


Sources

Citation

Eurofound (2010), Eurocopter, Internal restructuring in France, factsheet number 70540, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70540.