Staff at French sugar manufacturer Beghin-Say are bracing themselves for heavy job losses at its Paris headquarters.

Union sources say they have been informed by management of at least 230 job cuts out of a total of 500 staff employed at the HQ. Of this number, 130 will be in the form of redundancies with the remaining staff affected by the cuts having the opportunity of redeployment to other sites in the group.

Beghin-Say was last year acquired by France’s leading sugar cooperative, the Union SDA, in partnership with beet growers. It was one of the four companies created by the dissolution of Franco-Italian food processor Eridania Beghin-Say.