Bourgogne; Bassin Parisien
Location of affected unit(s):
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.1 - Manufacture of basic iron and steel and of ferro-alloys
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Industeel, subsidiary of Arcelor, announced a restructuring plan affecting 180 workers on a total of 826. Yet in December 2001, Industeel dismissed 177 workers.
The measure is due to improve the efficiency of the company, with the objective of having positive results by 2006.