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

150 - 200 jobs
Number of planned job losses
Job loss
Announcement Date
9 November 2011
Employment effect (start)
1 December 2011
Foreseen end date
31 December 2012

Description

On the 8th of November shipbuilding group DCNS announced a voluntary departure plan covering 150 to 200 redundancies by the end of 2012. These voluntary redundancies as well as the non-replacement of natural departures and early retirement will lead to a total job reduction of about 800 in 2012 (6,5% of the workforce).

DCNS group is jointly owned by the French state (75%) and by the electronics group Thales (25%). The company aims to increase its competitiveness and operating margin.

The unions denounced that there was no economic ground for this plan and that the job reductions were inconsistent with DCNS's current economic ambitions.


Sources

Citation

Eurofound (2011), DCNS, Internal restructuring in France, factsheet number 72721, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72721.