LafargeHolcim has announced the closure of its corporate offices in Paris and Zurich as part of its strategy to simplify its corporate organisation. The move will result in the loss of 200 jobs, including 107 in Switzerland and 97 in Paris.
“This painful but necessary simplification step is key to creating a leaner, faster, and more competitive LafargeHolcim,” said Jan Jenisch, CEO of LafargeHolcim.
Remaining positions in Switzerland would be moved to the company’s Holderbank site and a new corporate office in Zug. In Paris, remaining positions will move to Clamart in the southwest of the city. The moves should be complete by the end of 2018.
The proposals were presented to the works councils on 25 May. They form part of the company’s Strategy 2022, which was launched in March 2018. Strategy 2022 aims to bring the company closer to its customers by reducing levels of management between local organisations and the global leadership.
In addition to the closure of the Zurich and Paris offices, corporate offices in Singapore and Miami have already be shut. The company also plans to eliminate one layer of management and almost double the number of its country-level businesses reporting to the Group Executive Committee.
The plan remains subject to the “required consultation and regulatory processes in each country”, LafargeHolcim said.
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