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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.51 - Manufacture of cement
250 jobs Number of planned job losses
Announcement Date
15 September 2016
Employment effect (start)
15 September 2016
Foreseen end date
31 December 2017
Description
Cement manufacturer LafargeHolcim has announced a reorganisation of its central and support services that will lead ot about 250 job cuts by the end of 2017. The positions will mainly be cut in France (80 position in L'Isle d'Abeau) and Switzerland (130 position in Holderbank). 40 other positions will be cut in the rest of the world, according to management. The group employed, at the ofend 2015, about 100,900 employees worldwide including 23,900 in Europe. Since the announcement of the merger of Lafarge and Holcim in May 2015, it is the third wawe of restructuring. Word wide job cuts were recorded in May 2015 (380 job cuts).
Sources
15 September 2016: Les Echos
Citation
Eurofound (2016), LafargeHolcim, Merger/Acquisition in World, factsheet number 88719, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88719.
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