Open

Coming up

Don't miss

Replay


LATEST SHOWS

REPORTERS

Lebanon's Shebaa, a village caught in the crossfire

Read more

#TECH 24

Virtual insanity? Artist to "experience life" through Oculus Rifts headset for 28 days

Read more

#TECH 24

What does the future hold… for music?

Read more

IN THE PAPERS

French MPs debate whether to recognise Palestine

Read more

IN THE PAPERS

All dogs may go to heaven after all

Read more

THE BUSINESS INTERVIEW

The 'Stagnation Trap', with Catherine Mann, Chief Economist at the OECD

Read more

FOCUS

Thiaroye, a dark chapter in France and Senegal's common history

Read more

DEBATE

Hollande and Africa: French president speaks to France 24

Read more

MEDIAWATCH

Ferguson and race relations in the US

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)