EDF plans to shed at least 4,000 jobs, or nearly 6% of its staff, over the next three years without forced layoffs. The reduction is double the amount state-controlled EDF has previously announced, and comes as joblessness is a major political headache for France's Socialist government with unemployment near a 18-year high of 10.2%. EDF declined to comment when contacted.
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07-02 | Agretech announced that it has received $2 million in funding from Zemach Regional Industries, Electricité de France S.A. and other investors | CI |
06-11 | EDF Announces Director Changes | CI |
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-.--% | 51.55B | |
-20.00% | 86.01B | |
+55.02% | 75.78B | |
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+22.89% | 37.13B | |
-12.21% | 36.69B | |
+1.85% | 34.65B | |
+0.14% | 22.19B | |
+5.94% | 20.87B |
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- EDF to Cut 4,000 Jobs