Monaco trade unions denounce job cuts at Lancaster Cosmetic House

A strike was called by the Union of Monaco Trade Unions on November 6, against the restructuring plan announced by the management of the company

November 11, 2019 by Peoples Dispatch
Monaco strike
Workers of the Coty-Lancaster House in Monaco strike against proposed job cuts. (Photo: Monaco-Matin)

Around 50 workers employed at the Lancaster Cosmetic House plant in Monaco, went on a strike on November 6 against the proposed job cuts by the company. The call for the strike was given by the Union of Monaco Trade Unions (USM), with the demand that the workers at risk of losing their jobs be reclassified to another position, rather than being thrown out.

The cosmetic producer had announced the dismissal of 10% of its staff employed at Monaco plant, which is likely to affect around 24 workers. USM delegates have denounced this restructuring plan as the company has been profitable for several years. 

The Lancaster factory produces cosmetic care for luxury brands such as Rimmel, Chloé, Marc Jacobs and Calvin Klein. A ‘social plan’ had been proposed to the staff representatives in the beginning of November, wherein, the management, in a bid to slow down production, had proposed job cuts to restructure the company’s operations in the small principality of Monaco.

Earlier in April, the Foreplast factory in Monaco had also announced its decision to lay-off around 60 employees. USM has warned the authorities that the continuing layoffs in Monaco are likely to affect socio-economic security and stability in the tiny independent city-state, which lies on France’s Mediterranean coastline.