EMCC European Monitoring Centre on Change

Thales AVS France

Thales AVS France

Geographic Location

Country: France
Location of affected unit(s): Chatellerault, Toulouse, Vendôme, Valence, Mérignac


Sector: Manufacturing
Manufacture of computer, electronic and optical products
26.51 - Manufacture of instruments and appliances for measuring, testing and navigation
Number Employed: 4000
Group: Thales

Employment Effects

Announcement Date: 20-10-2020
Planned Job Reductions min: 1000
Planned Job Reductions max: 1000
Type of Restructuring: Internal restructuring

Additional Information

Thales AVS, the Thales Group's aerospace subsidiary, has announced 1,000 job cuts in France, out of the 4,000 currently employed. The company is suffering 25% business losses due to the COVID-19 epidemic.

Negotiations have been opened with the trade unions and the management has indicated its willingness to adapt employment to avoid redundancies, favouring voluntary departures and recourse to long-term short-time working. In addition, a reclassification of employees to other, less weakened entities of the group has already begun. In Toulouse, for example, part of the engineering division was able to lend a hand to the Alena Space subsidiary. The other solutions negotiated will concern early retirement schemes, internal mobility or aid for business creation.