France Blocks General Electric Restructuring Plan -Le Figaro
January 12 2018 - 12:42PM
Dow Jones News
--A plan by General Electric's French subsidiary to cut about
345 jobs from its hydro-manufacturing site in Grenoble has been
blocked by the French government, reports Le Figaro.
--France's Regional Directorate for Enterprises, Competition
Policy, Consumer Affairs, Labor and Employment has refused to
approve the restructuring plan, citing concerns that management
should better specify which job categories can benefit from
supporting measures, according to Le Figaro.
Full story: http://bit.ly/2qXrkpg
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(END) Dow Jones Newswires
January 12, 2018 12:27 ET (17:27 GMT)
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