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French cement maker Lafarge SA (LG.FR) said Thursday its plan to reorganize the corporate structure announced in November will lead to the reduction of 460 posts worldwide.
The company will cut 90 jobs in France on a voluntary basis, the company said in a statement.
"The new group organization will enable Lafarge to be more focused on the needs of its markets and its customers, and to accelerate the development of the group through organic growth and innovation," the statement said.
-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; firstname.lastname@example.org