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Corporate Responsibility Report 2006

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CR Report 2006

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Restructuring Plan Finalization

A new work contract that was both flexible & met business needs

Interview with François Suquet, Human Resources Director, Rousset, France

Anticipating that we were converting our site at Rousset from 6” to 8” and eventually closing our 6” unit, our Human Resources department decided to create a new kind of work contract in 2003: the CDIC, Contrat à Durée Indéterminée Chantier (open-ended work contract), which originated in the construction industry.

The main objectives of the contract were to:
  • ensure we had the workforce in place, who could adapt to our decreasing activity at the 6” unit between 2003 and 2006. We had agreed to close the unit when activity dropped to 3,000 wafers a week
  • establish an alternative to the temporary work contract and respond to the Rousset industrial project.

The new contract was specifically for our temporary workers who were getting to the end of their 18-month contracts. We offered them a four-year contract with stronger social and financial rights.

The new contract was very innovative in its social approach; we discussed it with our four union representatives, and they signed up to it.

Introducing this kind of contract was fairly complex from a legal and social point of view, but the fact we decided to go ahead with it illustrates our social commitment.

In the end it was a very good opportunity for people to get longer work experience, and eventually, in most cases, a stable job.

Three years later, of the 330 employees we offered the contract to, 300 are now on CDI: Contrat à Durée Indéterminée (open-ended contracts). This is thanks to 8” investments, industrial decisions and favorable market conditions.

We have helped all these employees either find new career opportunities or change their scope of activity.

In This Report
Finalizing our 2006 restructuring in France
Helping our employees become more employable
Responsible restructuring in Morocco
Re-training our employees in Toa Payoh a strong demonstration of social responsibility
Restructuring plan results