General Electric plans to cut 1,000 jobs in France

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The diversified American company General Electric can reduce about one thousand jobs in France. According to a union source, the dismissal will affect mainly the company's employees working at its site in Belfort, in the east of France, where the dismissal process has already become systematic. The US company has been reducing its efforts to save money against the background of serious problems, which in 2018 led to its exclusion from the Dow Jones Industrial Average index. Then General Electric was forced to dismiss about 30 thousand of its employees. It is noted that the French government has repeatedly appealed to the management of the company not to cut jobs, so if the company goes to this step again, it may have differences with the French authorities.

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