SKF to cut 150 jobs in France, take Q4 charge


STOCKHOLM, Dec 15 (Reuters) - Sweden's SKF , the world's biggest bearings maker, said on Thursday it would restructure its operations in France, cutting around 150 jobs. The firm said demand for products from its ball bearings plant in Fontenay le Comte, in southwest France, had fallen as customers had moved their business to eastern Europe and Asia, meaning it had to cut the number of employees. The cost of the programme, including voluntary retirement schemes and impairments, would ...

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