French Finance Minister Bruno Le Maire said on Tuesday he would fight to save jo...
STRASBOURG, France/NEW YORK - French Finance Minister Bruno Le Maire said on Tuesday he would fight to save jobs at a General Electric Co factory in eastern France where more than 1,000 posts are threatened.
GE said the plan would potentially cut 792 out of 1,900 jobs at the gas power unit, and possibly 252 other support positions. GE presented its plans to French union officials on Tuesday, kicking off negotiations. The proposals “are in line with the company’s intention to improve operational and financial performance of its gas activities,” GE said.
Speaking in the lower house of parliament, Le Maire said he wanted the money to be used in Belfort to support projects in aeronautics, dismantling nuclear plants and the hydrogen industry.
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