ABB to cut jobs in France

26th May 2009, Comments 0 comments

Swedish-Swiss engineering group ABB will restructure business and cut jobs at its French sites due to the economic crisis.

ZURICH - Swedish-Swiss engineering group ABB will restructure its operations in France and cut jobs due to the economic crisis, a company spokeswoman said Monday.

French magazine La Lettre de L'Expansion said in its Monday edition that ABB would cut 540 jobs at its French sites of Macon and d'Aunay-sur-Odon but the spokeswoman said she could not confirm the figure.

She said the group would first discuss the issue with the union before formally announcing job cuts.

"ABB France is facing a structurally difficult market situation in robotics and automation, with significant price erosion," she said.

"The crisis has worsened the situation, with losses in 2008 posted by ABB France confirmed in 2009," she added.

The group, which employs 2,500 workers in about 20 sites across France, launched a restructuring programme to address its two poorly performing sectors, including the use of forced leave, reductions in temporary workers and sub-contracts.

"But these were insufficient," the spokeswoman said, adding that ABB would maintain a presence in France.

AFP / Expatica

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