Type
Merger/Acquisition
Country
France
Region
Bassin Parisien; Haute-Normandie; Seine-Maritime
Location of affected unit(s)
Eu
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26.30 - Manufacture of communication equipment

83 jobs
Number of planned job losses
Job loss
Announcement Date
21 July 2015
Employment effect (start)
Foreseen end date

Description

Multinational telecom supplier Alcatel-Lucent is to sell its plant at Eu (Seine-Maritime) to Selha Group. The project  will lead to 83 job cuts. Exclusive negotiations have started with the Selha Group (750 employees) which will take over the plant in June 2016. Alcatel-Lucent will finance a social plan with a voluntary departures plan based on age and seniority and also including internal mobility possibilities. The workforce will decrease from the current  305 employees to 222 by June 2016, “with no forced dismissals”, according to management

In October 2013, Alcatel-Lucent announced a worldwide restructuring with over 10,000 job cuts including 900 in France. The plan foresaw the sale of Eu plant but not the job reduction. In January 2015, Alcatel-Lucent decided to  reduce the workforce to facilitate the sale.


Sources

  • 22 July 2015: Le Courrier Picard

Citation

Eurofound (2015), Alcatel Lucent EU, Merger/Acquisition in France, factsheet number 84304, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84304.