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 For Transport Equipment Manufacture Of Other Transport Equipment 30.11 - Building of ships and floating structures
1,000 jobs Number of planned job losses
800 jobs Number of planned job creations
Announcement Date
18 September 2015
Employment effect (start)
1 October 2015
Foreseen end date
1 January 2018
Description
The CEO of ship building group DCNS, Hervé Guillou, announced to its employees representatives that it will cut about 1,000 positions by 2018. This restructuring plan involves the non- or partial-replacement of natural departures (2000 expected by 2018) and will lead to a reduction in the workforce from 13,000 to 12,000 employees in the next two years. In the same period, the group expect to recruit about 400 employees per year instead an average of 800 the last years.
DCNS group is jointly owned by the French state (75%) and by the electronics group Thales (25%). The company aims to increase its competitiveness and operating margin after a loss of €336 million in 2014. The management has started negotiations with unions to mitigate the impact of its decision. Since 2009 the number of employees in the group has increased from 12,198 to 13,130.
Sources
18 September 2015: Ouest-France
Citation
Eurofound (2015), Direction des Constructions Navales (DCNS), Internal restructuring in France, factsheet number 84746, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84746.
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