The maker of Dulux paints, which currently employs 1,300 people in France, said the reorganisation would be carried out from May 2025 until the end of 2026. The plan also includes creation of 29 new positions in the country.
As part of the programme, AkzoNobel will invest 22 million euros ($22.7 million) into its Montataire site in Northern France, with an aim to establish it as a “flagship for decorative paint production”, it said in a press release.
The paint maker had previously announced plant closures in Ireland, the Netherlands and Zambia, as well as plans to cut about 2,000 jobs globally by the end of 2025.
Also read: Cargill to cut thousands of jobs globally as profits shrink
The group, which has been battling a post-COVID slowdown, rising raw material costs and customer destocking, back then said those job cuts would help it save between 120 million and 150 million euros annually.
In France, employers are required to have valid and well-defined grounds for terminating an employee’s contract. These grounds generally fall into two primary categories: personal and economic reasons. Personal reasons for dismissal can include factors such as professional misconduct, inadequate performance, or lack of competence.
(Edited by : Jerome Anthony)
