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 (26 - 27) Manufacture of electrical, electronic and optical products 27.1 - Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus 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://apps.eurofound.europa.eu/restructuring-events/detail/77214.