Faurecia has said it is restructuring its dashboard skin-making activities and this will result in the reduction of 126 jobs at its Audincourt plant in mid-2009.
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It added staff would be offered other jobs in group plants.
Faurecia said the Audincourt unit, which make the plastic skins for dashboards, had been suffering from a too high cost level in the 2005-08 period.
Faurecia said the costs were 30 percent too high and it would now concentrate the activities using a cheaper technology in Saint-Michel-sur-Meurthe in the northeastern Vosges region and at Mlada Boleslav in the Czech Republic.
The Audincourt unit’s clients include Audi, Citroen, Ford , Peugeot and Volkswagen.Faurecia is majority owned by PSA Peugeot Citroen according to a Reuters report.
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By GlobalData
