YSL SETS 27 MORE LAYOFFS

PARIS — Continuing its reorganization at Yves Saint Laurent, Gucci Group NV said Thursday it plans to eliminate 27 more manufacturing jobs in France.
YSL said it presented its latest proposal to the workers’ council, which will review the recommendations before responding to management. The plan calls for shuttering a factory in Charlonne and consolidating apparel production at YSL’s larger, more modern facility in Angers.
The company said the consolidation would enhance productivity, efficiency and flexibility, allowing YSL to respond faster to changing consumer preferences. The 27 affected positions would be out of a total of 214 employees. No timelines were given for the transfer.
In April, YSL presented its first restructuring proposal to workers, calling for the elimination of up to 310 manufacturing jobs. As previously reported, union representatives lashed out against the plans, which were largely the result of discontinuing YSL’s Variations diffusion line. Union officials could not immediately be reached for comment.
On Thursday, YSL said that three-quarters of the 310 affected positions at YSL Couture and its manufacturing subsidiary, Mendes SA, would be maintained, mostly through internal reassignment.
Gucci acquired YSL late last year and took control of Mendes SA, the house’s manufacturing and distribution arm, in February.

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