Automotive supplier Valeo announces the elimination of 868 positions in France

According to the unions, the total job cuts would in fact be 1,282.

The automotive supplier Valeo plans to cut 868 positions on eight of its French sites, the group's management announced on Wednesday, November 27, without specifying the deadline. The group has specified to employees its intention to implement 694 forced departures and 174 voluntary departures, according to a spokesperson.

The sites of La Suze-sur-Sarthe (Sarthe) and La Verrière (Yvelines) will be closed. Most of their employees will be offered positions at other nearby Valeo sites. The L'Isle-d'Abeau (Isère) site will not close, but will reduce its workforce, with 70 employees instead of 308 so far. The sites of Sainte-Florine (Haute-Loire), Reims (Marne), Laval (Mayenne), Amiens (Somme) and Limoges (Haute-Vienne) are also affected.

According to the Force Ouvrière union, the total would in fact be 1,282 job cuts, out of 13,500 employees in France, if the employees refuse their transfer and if we also take into account the vacant positions eliminated. In addition, 200 positions could be cut in Germany, the Czech Republic and Poland.