The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.12 - Manufacture of electricity distribution and control apparatus
New offshoring locations
Thailand
200 jobs Number of planned job losses
Announcement Date
18 June 2014
Employment effect (start)
Foreseen end date
1 January 2016
Description
The European multinational electrical equipment manufacturer Schneider Electric has announced to its employees’ representatives a reorganisation plan for its French plants. The group will relocate partially the production and cut about 200 positions on a total workforce of 20.000 in France by 2016.
As reported the cost-cutting restructuring is linked to the need to increase its production in countries where the demand is stronger than in France.
Sources
18 June 2014: L'usine Nouvelle
19 June 2014: Le Figaro
Citation
Eurofound (2014), Schneider Electric, Offshoring/Delocalisation in France, factsheet number 77214, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77214.
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