EMCC European Monitoring Centre on Change

Safran

Company/Organisation:
Safran

Geographic Location

Country: World
Location of affected unit(s): France, USA, Mexico, UK, Poland

Company

Sector: Manufacturing
Manufacture of transport equipment
30.30 - Manufacture of air and spacecraft and related machinery
Number Employed: 95200

Employment Effects

Announcement Date: 02-06-2020
Planned Job Reductions min: 3512
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-05-2020
Foreseen End Date: 31-12-2020

Additional Information

The aeronautical equipment manufacturer Safran has been hit hard by the crisis in the aviation sector linked to COVID-19 and has announced job cuts across the world. The group announced 3,000 job cuts in Mexico in May 2020. It cuts 250 temporary staff positions in France and announced job cuts in Europe at a European works council meeting on 2 June. According to the EWC secretary, between 200 and 300 jobs would be cut in Poland, and at least 62 job cuts were announced in the UK, where further job cuts are expected. Employment in France is still being preserved with massive recourse to short-time working.

As the company's strategy is to focus on the national level, announcements will be made as workforce adjustment plans are developed in each country.

In 2016, the group has announced 5,500 recruitments worldwide.

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