Company/Organisation:
Saint-Gobain
Geographic Location
Country:
World
Company
Sector:
Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
23.12 - Shaping and processing of flat glass
Number Employed:
210000
Employment Effects
Announcement Date:
28-07-2008
Planned Job Reductions min:
4000
Planned Job Reductions max:
6000
Type of Restructuring:
Internal restructuring
Employment Effect Start:
28-07-2008
Foreseen End Date:
31-12-2008
Additional Information
Saint-Gobain, a French glass building materials supplier, has announced that it is to dismiss 4,000 to 6,000 workers out of 210,000 employed worldwide due to the worsening of the market situation. It was reported that 2,920 jobs will be lost in the United States, Great Britain and Spain. The job losses are expected to be implemented by the end of 2008. Saint-Gobain's restructuring plan is aimed at saving up EUR 435 million.
Sources:
28-07-2008Hospodárske noviny
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