“L’Oréal offers a very unpleasant New Year’s gift to its workers”

© Provided by Belga

The announcement on Thursday by the management of the French cosmetics company L’Oréal of its intention to lay off 125 employees from its Brussels headquarters represents “a very unpleasant New Year’s gift” for the workers, reacted the CSC and the CNE, for whom this announcement is “totally unexpected.”

“The workers are shocked because the management announces this mass dismissal as a first step in its intention to merge and move. In the past, the CSC building – industry & energy (CSCBIE) and the National Central of Employees (CNE) have assisted the company in its transitions in order to avoid any dismissal, ”the two Christian unions underlined in a statement.

The latter wonder about the motives of the management of the company but believe that the reasons for this decision “are certainly not” economic.

“L’Oréal is and remains the market leader in Belgium. The value of the shares has increased continuously up to 300% in 15 years, and the dividend in 2020 has remained at the same level as in 2019”, further note the CSC and the CNE.

L’Oréal announced Thursday morning, during an extraordinary works council, a reorganization of its activities in the Benelux with an impact on 125 employees out of a total of 486 at the Brussels headquarters of Berchem-Sainte-Agathe. One hundred jobs created in the Netherlands will be offered to them.

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