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Leboncoin will cut 110 jobs in France

2022-02-04T11:37:11.894Z


The Norwegian owner of the site for sales between individuals wants to rationalize his entire organization. Leboncoin France employs 1,500 of


We can afford the services of Catherine Deneuve to advertise, and cut jobs less than a year later.

The classifieds site Leboncoin has announced to its employees the opening of a job protection plan which provides in particular for 110 job cuts in France.

The management of Adevinta, the Norwegian owner of the website, confirmed this to the newspaper Les Échos.

"The plan provides for 110 job cuts and 27 positions redeployed to other functions," said Antoine Jouteau, CEO of Adevinta France.

According to the economic daily, the layoffs will target administrative functions.

The boss of the specialist in online commerce between individuals has also indicated that he also plans to hire around 150 people in technical engineering, sales and marketing.

France, a sizeable market

A bad blow for the employees, around 1,500 people, who also run L'Argus and Locasun.

Especially since the group is growing.

But Adevinta has decided to reorganize its entire group on a scale of 5% of its approximately 7,500 employees worldwide.

"We must improve our management of the group to seek the synergies announced during the acquisition of eBay Classifieds Group, namely between 150 to 180 million dollars", declared Antoine Jouteau to explain this social plan presented Thursday before the committee. social and economic aspects of the company and which should last until mid-2023.

France accounts for around half of Adevinta's global turnover and the bulk of its profits.

In the third quarter, its turnover there increased by 6% compared to 2020, and its gross operating surplus by 3%.

In the summer of 2020, the Norwegian specialist in online ads, which will publish its annual results for 2021 on February 24, announced the acquisition of the assets of the American giant eBay in this area for around 8 billion euros.

Source: leparis

All business articles on 2022-02-04

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