The tube manufacturer Vallourec will cut more than a thousand jobs, including 350 in France

The tube manufacturer Vallourec will cut more than a thousand jobs, including 350 in France

The company, which is facing a decline in activity, will in particular close its facilities heat treatment plant in Déville-lès-Rouen, in Seine-Maritime.

A Vallourec company site, in Saint-Saulve (North), April 30, 2015 (FRANCOIS LO PRESTI / AFP)

The manufacturer of seamless tubes Vallourec announced, Wednesday, November 18, the elimination of a total of around 1,050 jobs for“Strengthen competitiveness”of the group in a context of declining activity.

This decision concerns 350 jobs in France,in production units and support functions. It includes the closure of its heat treatment facilities located in Déville-lès-Rouen (Seine-Maritime).

“We cannot guarantee at this stage that there will be no forced departures at all, but we will do our best to limit them through age, reclassification and training measures”, said the chairman of the board, Edouard Guinotte, in an interview with Echoes (article for subscribers).

200 jobs cut in Germany, 500 in Brazil

Vallourec is also planning 200 new job cuts in Germany over the 2021-2022 period, also with recourse“intensive”partial unemployment and the introduction of a reduction in working time. In addition, 500 other cuts this year in support functions in Brazil were announced.

The group’s turnover fell by a third in the third quarter, to 716 million euros, the company said in a statement. Over the past quarter, Vallourec mainly suffered from the very sharp drop in demand on the oil and gas market, in connection with the Covid-19 pandemic.