Type
Internal restructuring
Country
France
Region
Sud-Ouest; Midi-Pyrénées;
Location of affected unit(s)
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Architectural And Engineering Activities; Technical Testing And Analysis
71.12 - Engineering activities and related technical consultancy

500 jobs
Number of planned job losses
Job loss
Announcement Date
16 December 2013
Employment effect (start)
Foreseen end date
31 December 2015

Description

Technology consulting company Altran is to reduce its workforce in the Toulouse region by 500 staff until the end of 2015.

According to media reports, this is due to decreasing demand for engineering services in the aerospace industry over the next years. The company intend to relocate the jobs within the group, which could reduce the number of dismissals.

In 2011, the group had announced a planned job creation of 400 positions.


Sources

  • 16 December 2013: Les Echos

Citation

Eurofound (2013), Altran, Internal restructuring in France, factsheet number 76351, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76351.