EMCC European Monitoring Centre on Change

FAMAT

Company/Organisation:
FAMAT

Geographic Location

Country: France
Region: Loire-Atlantique; Pays de la Loire; Ouest
Location of affected unit(s): Saint-Nazaire

Company

Sector: Manufacturing
Manufacture of transport equipment
30.30 - Manufacture of air and spacecraft and related machinery
Number Employed: 380
Group: General Electric and Safran

Employment Effects

Announcement Date: 16-11-2020
Planned Job Reductions min: 100
Planned Job Reductions max: 100
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-12-2020
Foreseen End Date: 31-12-2022
Other Job Reduction Measures: 100

Additional Information

The management of Famat (Fabrications Mécaniques de l'Atlantique), an aeronautical subcontractor specialised in the manufacture of parts for aircraft engines, has announced that around a hundred employees who will retire between the end of 2020 and the end of 2022 will not be replaced. The company currently has 380 employees for a turnover of €125 million in 2018.  The Famat was selected in the call for projects launched as part of the State financed aeronautical recovery plan. It will receive €1.042 million in support. Highly impacted by the consequences of the COVID-19 health crisis, the Famat is calling for long-term short-time working for some of its employees.