EMCC European Monitoring Centre on Change

Eramet

Company/Organisation:
Eramet

Geographic Location

Country: France

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24 - Manufacture of basic metals
Number Employed: 4100
Group: Eramet

Employment Effects

Announcement Date: 18-09-2003
Planned Job Reductions min: 1100
Planned Job Reductions max: 1100
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-12-2003
Planned Job Creation: 100
Direct Dismissals: 700
Other Job Reduction Measures: 400

Additional Information

Eramet announced a restructuring plan affecting around 1,100 workers out of a total of 4,100. 750 will be affected in the alloy activities and 350 will be hit by the closure of the 'Boulogne-sur-Mer' unit. The restructuring plans includes measures such as early retirement, retirement, end of temporary contracts and dismissals leading to partial unemployment. The restructuring will create 100 jobs.