Don't miss

Replay


LATEST SHOWS

FOCUS

Video: Far right at the gates of power in Austria

Read more

FRANCE IN FOCUS

FRANCE 24 turns 10: A look behind the scenes

Read more

EYE ON AFRICA

Gambia's Yahya Jammeh concedes defeat in presidential polls

Read more

MEDIAWATCH

Gambians herald 'new independence' after Jammeh defeat

Read more

THE WORLD THIS WEEK

Hollande, the One Term President (part 1)

Read more

THE WORLD THIS WEEK

Trump Keeps 'Em Guessing, Italian Referendum, Austrian Election, Castro's Death (part 2)

Read more

FASHION

Discovering the winter 2016/2017 men's fashion collections in Paris

Read more

ENCORE!

Rendez-vous on '42nd Street' as the meta musical comes to Paris

Read more

REPORTERS

Uzbekistan reinforces its tight grip on election and country

Read more

Business

French equipment maker Rossignol to shed 30% of workforce

Latest update : 2009-03-27

French ski equipment maker Rossignol has announced plans to put about 450 people out of work, in France and abroad, after it posted losses worth 58 million euros for 2008.

AFP - French ski equipment maker Rossignol said Friday it would slash its global workforce by 30 percent in a bid to return to profitability after posting losses in 2008.

The group, which made an operating loss of 58 million euros (77 million dollars) last year, is to cut about 450 jobs in total.

Company chairman Bruno Cercley said in a statement that the layoffs were "unavoidable," adding that the group was "determined to get back into balance in the next two years."

The group is the maker of Rossignol and Dynastar skis, but also produces bindings and boots.
 

Date created : 2009-03-27

COMMENT(S)