EMCC European Monitoring Centre on Change

Schneider Electric

Company/Organisation:
Schneider Electric

Geographic Location

Country: France
Location of affected unit(s): Pacy-sur-Eure (Eure), Angoulême (Charentes),Grenoble (Isère)and Longvic (Côte d'Or)

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment

Employment Effects

Announcement Date: 06-06-2005
Planned Job Reductions min: 1043
Planned Job Reductions max: 1043
Type of Restructuring: Bankruptcy/Closure
Other Job Reduction Measures: 280

Additional Information

Schneider Electric, the manufacturer of equipment for electric distribution, has announced a restructuring programme which involved the closure of three sites: Pacy-sur-Eure (230 jobs), Angoulême (300 jobs), Grenoble (464 jobs) and the reorganization of its Longvic’s site near Dijon where 49 jobs will be suppressed out of 240 jobs. Management decided to spread the measures over 2006 and 2007 and rely on early retirements (280 people) and redeployment.