Industry: Rossignol to Cut 30% of workforce

According to www.france24.com, France-based ski manufacturer, Rossignol is making preparations to eliminate 30% of its workforce, about 450 jobs worldwide. Bruno Cercley, a chairman for Rossignol said the company was “determined to get back into balance in the next two years,” and that layoffs were “unavoidable.”

The company, which also owns Dynastar, Look and Lange, suffered an operating loss of €58 million ($77.1 million) in 2008 according to the report.

It is not yet known how many U.S. jobs might be lost. The company’s U.S. office is in Park City, Utah. 

Chartreuse & Mont Blanc purchased Rossignol from Quiksliver Inc. in November of 2008 for €40 million ($50.8 million).

According to www.france24.com, France-based ski manufacturer, Rossignol is making preparations to eliminate 30% of its workforce, about 450 jobs worldwide. Bruno Cercley, a chairman for Rossignol said the company was “determined to get back into balance in the next two years,” and that layoffs were “unavoidable.”

The company, which also owns Dynastar, Look and Lange, suffered an operating loss of €58 million ($77.1 million) in 2008 according to the report.

It is not yet known how many U.S. jobs might be lost. The company’s U.S. office is in Park City, Utah. 

Chartreuse & Mont Blanc purchased Rossignol from Quiksliver Inc. in November of 2008 for €40 million ($50.8 million).