Luxembourg trade unions OGBL and LCGB and staff delegations from SES have signed a new social plan with the satellite group.
Management at SES had initially planned to cut 80 jobs in Luxembourg, including staff in engineering, IT and administration. Following negotiations with management the figure was revised downwards to 68.
The staff reductions will save SES around €4 million. The unions said there had been a series of job retention plans between 2020 and 2024 that had cost the Luxembourg State €12 million.
“Over the past four years, SES has shown no loyalty or commitment to its staff or to the local economy in which it operates. And the implementation of previous restructuring plans, which should have been a turning point for the company, has ultimately turned into a negative dynamic that leaves little hope for long-term recovery,” the unions said in a statement.
Unions also criticised a lack of action by the Luxembourg government.
Staff face more uncertainty following the upcoming merger between SES and Intelsat.
