EMCC European Monitoring Centre on Change

Sogeclair Aerospace

Company/Organisation:
Sogeclair Aerospace

Geographic Location

Country: France
Location of affected unit(s): Toulouse + other locations

Company

Sector: Professional services
Legal, accounting, management, architecture, engineering, technical testing and analysis activities
71.12 - Engineering activities and related technical consultancy
Number Employed: 700
Group: Sogeclair

Employment Effects

Announcement Date: 23-06-2020
Planned Job Reductions min: 245
Planned Job Reductions max: 245
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-07-2020
Foreseen End Date: 24-12-2020

Additional Information

The aeronautical branch of the Sogeclair consulting firm plans to cut up to 245 jobs in France. The company, which has been hit hard by the Covid-19 health crisis, estimates that the turbulence in the commercial aviation sector could last between 3 and 5 years. Sogeclair carries out 40% of its activity in this segment. The measure could be accompanied by job cuts in the German, British and Spanish subsidiaries. The Sogeclair group employs 1600 people worldwide, including 1,000 in its aeronautical branch (of which an estimated 700 in France).
 

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