The company, based in Arques, northern France, said it must re-organise itself to avoid the risk of filing for bankruptcy.
Management has presented a comprehensive two-year plan wth a flagship measure: to change employee working hours.
Arc International’s Director General, Tristan Borne, announced the plan, titled Synergie 2020, at a works council.
Synergie 2020 is based on six measures, one of which concerns working time. In the short term, Mr Borne asks all his employees to work more.