EMCC European Monitoring Centre on Change

Gemplus

Company/Organisation:
Gemplus

Geographic Location

Country: France
Region: île de France
Location of affected unit(s): Sarcelles (îles de France)

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 6700
Group: Gemplus

Employment Effects

Announcement Date: 02-05-2002
Planned Job Reductions min: 813
Planned Job Reductions max: 813
Type of Restructuring: Internal restructuring

Additional Information

In 2002, Gemplus announced a restructuring programme involving more than 800 lay-offs. The objective was to achieve savings of 100 million euros before the end of 2004. In April 2004, the programme was completed and saw the reduction of the workforce by 813.