EMCC European Monitoring Centre on Change

Alstom

Company/Organisation:
Alstom

Geographic Location

Country: World
Location of affected unit(s): Germany, Switzerland, United States, France, Norway, UK, Hungary,

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Number Employed: 96000

Employment Effects

Announcement Date: 04-10-2010
Planned Job Reductions min: 4000
Type of Restructuring: Internal restructuring
Employment Effect Start: 04-10-2010
Foreseen End Date: 01-03-2012

Additional Information

On 4 October, 2010, Alstom (96000 employees) announced its plan to cut 4,000 jobs between now and March 2012. The restructuring, justified by overcapacity, concerns its power division (49000 employees) which manufactures electric turbines. Last year, the group had already reduced its global workforce by 5000 positions (6% of the workforce at the time), via the non-renewal of temporary contracts and the non-replacement of workers going on retirement. The countries the most affected by job losses are Germany, Switzerland and the United States. A European Works Council convened on October 18 will receive more details. Of the 4,000 positions involved, more than 1,000 would come from the non-renewal of temporary contracts and from the non-replacement of people leaving.