Alstom Layoffs 2024. The french train giant alstom is consulting on potential job cuts at its litchurch lane rolling stock factory, which has no confirmed work beyond the first quarter. The group’s sales reached €4.3 billion in the quarter.
The company also forecasts a book to bill ratio. Management has announced two major changes.
The Group’s Sales Reached €4.3 Billion In The Quarter.
By larry ramer, investorplace contributor nov 15, 2023, 10:07 am edt.
Alstom Will Lay Off The Bulk Of Its 400 Employees In Stages, Starting Next Month.
The announcement comes after a cash flow warning last month spooked investors.
Work On Trains For Hs2 Is.
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Alstom, Which Has 2,000 Workers At Its Litchurch Lane Factory, Is Struggling Because Current Orders Only Run Until Early 2024 And Contracts To Build Trains For Hs2.
Management has announced two major changes.
Alstom’s Problems Are Piling Up.
More than 1,300 jobs have been put at risk at the uk’s largest rail assembly factory.