Beneteau Group, the French maker of Beneteau and Jeanneau motorboats and yachts, revealed today more limited job losses than previously anticipated

Beneteau Group, the French maker of Beneteau and Jeanneau motorboats and yachts, today announced that it will only be making 60 forced redundancies after revealing that its sales had fallen by around 50%.

The company had originally been planning to force 590 people into redundancy, but due to the “very strong commitment and spirit of solidarity among the entire workforce, as well as support from the company’s partners”, this has been avoided.

While undoubtedly good news for the company’s French workforce, Beneteau still plans to make 600 job cuts under a voluntary redundancy scheme, and introduce a further cutback in the working week to compensate for the dramatic drop in orders.

Before any of these measures can be finalised, however, they must go before the company’s Central Works Council on 23 June.