Alcatel Space

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products
350 jobs
Number of planned job losses
Job loss
Announcement Date
28 April 2003
Employment effect (start)
1 September 2002
Foreseen end date
1 December 2003

Description

The restructuring plan affecting Alcatel Space France is part of a worldwide restructuring plan of Alcatel Space and of Alcatel group.

The french unit will dismiss 350 workers on a total of 4800 in France.

This is due to the degradation of the telecommunication market and of the huge offer ruling the market.

Sources

  • 28 April 2003: Les Echos

Citation

Eurofound (2003), Alcatel Space, Internal restructuring in France, factsheet number 59816, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59816.