Thales Alenia Space ETCA

Type
Internal restructuring
Country
Belgium
Region
Région Wallonne; Prov. Hainaut; Arr. Charleroi
Location of affected unit(s)
Mont-sur-Marchienne
Sector
Information / Communication
Information Communication Services
Telecommunications
61.3 - Satellite telecommunications activities
88 jobs
Number of planned job losses
Job loss
Announcement Date
21 June 2012
Employment effect (start)
1 September 2012
Foreseen end date
31 December 2012

Description

Thales Alenia Space ETCA, a company specializing in power supply facilities for communication satellites, announced to the works council its plans to cut 88 jobs. Among the affected employees there would be 72 blue-collar workers and 16 white-collar workers from the plant in Mont-sur-Marchienne, Belgium. 

According to the management, the decision is due to short and long term decreases in the plant activities. The measures are also meant to help to adapt the production capacity to market demand. The management declared they are trying to maintain their competitiveness and the long-term vision.

The restructuring is to be completed by the end of 2012. 

Sources

  • 21 June 2012: La Libre

Citation

Eurofound (2012), Thales Alenia Space ETCA, Internal restructuring in Belgium, factsheet number 73781, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73781.