Brief: Bekaert: Restructuring Plan Would Affect 160 Jobs In Belgium

NV Bekaert SA

04/12/2020 07:43

Dec 4 (Reuters) - NV Bekaert SA  BEKB.BR :
    * BEKAERT ADDRESSES STRUCTURAL CHANGES IN THE NEW MARKET
ENVIRONMENT
    * INTENTION TO REORGANIZE GLOBAL ENGINEERING ACTIVITIES,
SEVERAL
FUNCTIONAL DEPARTMENT AREAS SERVING GROUP'S GLOBAL OR LOCAL
BUSINESS NEEDS, AND A NUMBER OF SUPPORT AND TECHNICAL ROLES IN
PRODUCTION PLANTS IN ZWEVEGEM
    * RESTRUCTURING PLAN WOULD AFFECT 160 JOBS IN BELGIUM AND
INTENDED
IMPLEMENTATION IS SCHEDULED AS OF 2021 ONWARDS
    * INTENTION TO RESTRUCTURE BELGIAN ENGINEERING ACTIVITIES
WOULD
AFFECT 95 JOBS (63 OPERATORS AND 32 WHITE COLLARS AND MANAGERS)
    * PLAN INCLUDES DISCONTINUATION OF WORKSHOP ACTIVITIES IN
BELGIUM
AND MOVE OF EXPERTISE ACTIVITIES WITH A PROTOTYPE LAB FROM
INGELMUNSTER TO DEERLIJK
    * FUNCTIONAL AREAS (ZWEVEGEM): REDUCTION OF 46 WHITE COLLARS
AND
MANAGERS IN BELGIUM
    * PLANTS (ZWEVEGEM): NEW SET-UP WOULD AFFECT 19 WHITE
COLLARS AND
MANAGERS IN RESPECTIVE PLANTS

Source text for Eikon:  ID:nGNEZKh0s 
Further company coverage:  BEKB.BR 

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