Rossignol has confirmed the restructuring of its subsidiary Time Sport International, the French manufacturer of high-end road bicycles and accessories. In a recent interview with the French newspaper Dauphiné Libéré, Bruno Cercley, the group's chairman, confirmed that 29 jobs out of 43 will be lost in Voreppe, in France's Isère department. The process should be completed by this summer. The decision is due to the production volumes, which do not justify three manufacturing sites, together with the ones in Slovakia and Nevers (France), said Cercley. The bicycle division of the Rossignol Group comprises three brands: Time, Felt, and Rossignol for mountain bikes.