French newspaper reports that up to 800 jobs could go at the yards of French builders after 50% drop in orders

A major French newspaper has reported that up to 800 jobs are to go at Jeanneau and Beneteau after a 50% fall in orders since January.

According to the paper, 2000 staff at Beneteau and 1500 staff at Jeanneau have been on a shorter working week since the start of the year, but further measures are needed to cut costs after a “catastrophic year” for the French leisure sector.

Beneteau Group, the parent company of both builders, declined to comment on the number of job losses, but told MBM that it was reviewing its prospects for the 2010 season and talking to representatives of Beneteau and Jeanneau’s almost 4000 staff.

“During this period, the Group’s management will first of all inform its employees and elected staff representatives. However, it will not fail to communicate more widely in due course,” a spokesperson said.