More bad news for French automotive subcontracting. The auto subcontractor Amis, which employs nearly 400 employees in Allier and Creuse, announced on Friday December 6 in the social and economic committee (CSE) a plan to cut 148 positions (out of 350) in Montluçon (Allier), where its head office is located, and all 40 jobs at its Guéret (Creuse) site, condemned to close.
The Auvergne company Amis (Special Industries Mechanical Workshops) – a subsidiary of the Sifcor group founded in 2002, which manufactures gearbox pinions notably for the Stellantis group – was placed in receivership on October 30 for two months by the court of commerce of Lyon.
If this decision made it possible to avoid, in the short term, a judicial liquidation, it had already given rise to fears of a “reduction in the number of employees in the near future given the company's finances”, according to the CGT.
Turnover halved in five years
Unable to turn things around after the Covid-19 crisis, the subcontractor was hit hard by the crisis in the French automobile industry. “In 2019-2020, the company's turnover was 70 million euros ; in 2024, it is 36 million», Explains the company's general director, Philippe Dufeutrelle, justifying the restructuring project.
The details of this plan for employees remain to be known. A progress report is planned for December 23.
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