#france

2,400 jobs will be eliminated in France.

The union already has the paperwork, so this is transparent.

You can google it, there is info about this on the web.

Nous savons depuis quelques jours que Synopsys projette de licencier 70 employés d’Ansys France. Selon un commentaire sur thelayoff.com, il y aurait également 30 licenciements prévus chez Synopsys France.
Ce PSE n’est pas une fatalité. Nous avons le pouvoir de pousser l’entreprise à y renoncer, au moyen d’une grève massive et reconductible.

A few days ago, we got the news about Synopsys’ plan to lay off 70 employees of Ansys France. According to a comment on thelayoff.com, there will be another 30 of them planned at Synopsys France.
These layoffs are avoidable. We have the power to coerce the company into foregoing them, by means of a massive, renewable strike.

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As many of you know, there are almost 300 spots for VSP in France.
Till now, only a punch of people (less than 30) have applied.
They are basically offering the same package of 2 years ago and expecting people to leave lol, especially with the current situation

We received an email today that said that 70 legacy Ansys employees would be laid off in France. Apparently everyone would be informed in April. Is it how it’s also going on in other countries?

280 people, ISG all roles, even managers, directors. packages

under 50, 1.6months per year until 14, 1.5months per year from 15th year, no year limit

for more than 50: 1.9months per year until 14th year / 1.6months per yearn from 15th year

au revoir Dell

French raids carried out in Altice linked ‘corruption’ probe
By Martin Coyle
November 18, 2025, 2:45 PM GMT

European telecom giant Altice on Tuesday saw French prosecutors target 15 homes and 14 companies as part of an investigation into a “vast corruption scheme” connected to the company. French prosecutors...

Has anyone from France been affected by the layoffs?

I find it discriminatory that Germany and France had no layoffs in 2025 while all other locations had to layoff people.

SAP didn't provide any explanation...

It's not against our German and French colleagues but I think we deserve an explanation from SAP on the reason behind this decision.

Employees in France will receive another Voluntary Separation Program, and Germany is likely to have this option as well. Maverick testing for CSG is nearly complete and is expected to wrap up by November or before the holiday season. The new CSG system is scheduled to go live in February.

This transition may lead to significant system instability and a surge in escalations. Concurrently, a substantial portion of the Workforce Reduction will be executed. All in all, the next three months promise to be dynamic and eventful.

VSP talks are on-going with unions in France. Some details leaked in the press.
They plan on reducing head count by 20% in France due to shift of focus on A.I.

ST. JOHN’S, NL, CANADA, September 24, 2025 – North Atlantic France SAS (“North Atlantic”) announced on May 28, 2025, that it had entered into exclusive negotiations with ExxonMobil France Holding SAS (“ExxonMobil”) for the acquisition of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (“Esso S.A.F.”) and ExxonMobil Chemical France SAS by signing a put option agreement. Following the information and consultation process of employees’ representative bodies, North Atlantic today announces that it has entered into an agreement with ExxonMobil to acquire ExxonMobil’s entire stake in Esso S.A.F. (the “Controlling Block”) and EMCF.

This marks an important step in North Atlantic’s project to establish a long-term presence in France, contributing to European energy security, industrial resilience, and energy transition.

The completion of the project remains subject to customary regulatory conditions applicable to this type of operation, including foreign direct investment control in France, and finalization of certain financing arrangements.

Ted Lomond, President and CEO of North Atlantic, President of North Atlantic France stated: “Our commitment to France is long-term. By building on Gravenchon’s record of industrial excellence, we aim to strengthen energy security and resilience while accelerating the transition to lower-carbon solutions. This project reflects our ambition to grow North Atlantic into a premier transatlantic energy company, with strong foundations on both sides of the Atlantic.”

Simon Fenner, CEO of North Atlantic France stated: “With the signing of this agreement, North Atlantic reaffirms its ambition to consolidate the Gravenchon site and provide it with an ambitious development plan to serve the French energy and industrial sectors. We are firmly committed to completing the transaction by year-end.”

As a reminder, on May 28, 2025, North Atlantic had announced that following the acquisition of the Controlling Block in Esso S.A.F., it would file a mandatory tender offer for the remaining shares of Esso S.A.F. on the same financial terms as the acquisition of the Controlling Block.

Furthermore, it should be noted that the Board of Directors of Esso S.A.F. has convened a Shareholders Meeting on November 4, 2025 to deliberate on the proposal for a distribution of reserves, amounting to €60.21 per share, with payment scheduled for November 14, 2025.

During the discussions between ExxonMobil and North Atlantic over the past months, the two parties agreed to a downward adjustment of the purchase price for the Controlling Block, to reflect certain social liabilities. This downward adjustment will not affect the price offered to minority shareholders of Esso S.A.F. in the context of the mandatory tender offer for the remaining shares, which will be determined after taking into account the various adjustments described in the press release dated May 28, 2025, namely:

• a downward adjustment to reflect the amount of cash distributed by Esso S.A.F. prior to the date of completion of the acquisition of the Controlling Block (i.e., an amount of €113.21 per share, corresponding to a dividend of €53 per share payable on July 10, 2025, and an amount of €60.21 per share in respect of the distribution proposed by Esso S.A.F. and to be paid on November 14, 2025, subject to the approval of the Esso S.A.F. shareholders meeting);

• upward adjustment by a ticking fee mechanism corresponding to accrued interest on (i) a first base amount of €362,000,000 at the euro short-term rate plus 2% per annum between March 2, 2025 and the closing date, and (ii) a second base amount of €950,000,000 at a rate of 2.4% per annum between March 2, 2025 and the closing date;

• upward or downward adjustment to reflect the change in the euro value of Esso S.A.F.’s inventory and equal to the difference between the crude oil value of ten (10) million barrels as of December 31, 2024 and the crude oil value of the same number of barrels as of a period prior to closing that will depend on the date of the contemplated transfer of the ownership of ESAF inventory to a bank.

The final price for the acquisition of the Controlling Block will be definitively set prior to the completion of the transaction and will be communicated to the market in due course.

The completion of the transaction is still expected in Q4 2025. North Atlantic reiterates its commitment to delivering a comprehensive and well-managed transition, with the intention to maintain employment and existing compensation and benefits.

https://northatlantic.ca/media-releases/north-atlantic-france-sas-milestone-project-majority-stake-in-esso-societe-anonyme-francaise-exxonmobil-chemical-france-sas/

Has the Esso France change in control happened yet? Waiting for the outcome to see which European asset to strip next?

How is this RTO thing even "news"? This was already announced and widely covered months ago.

5 hours ago https://www.telecompaper.com/news/microsoft-to-reduce-french-workforce-by-10--1546847