Sunday, May 10, 2015

Areva announced it will cut about 15% of its costs … – The Express

Achieving this goal will rely on different levers: employment, compensation, organization of production and working time ,” the group said in a statement, stating that “ the precise impact in terms of employment will be discussed with the trade unions and savings achieved will depend on each other levers “.

Areva, which showed a net loss of nearly 5 billion euros last year, so also announced the opening of negotiations with the trade unions, while a meeting is scheduled with them Thursday morning.

The first stage will run until June and aims to “ structured social dialogue and the management of employment and skills in 2015, 2016 and 2017 “, has the company said.

The CEO of Areva, Philippe Knoche, has repeatedly said that the group would do anything for that, if there must be departures, they do so on a voluntary basis.

job cuts in France would be a first for the group.

A trade unionist indicated to AFP expect job cuts “ in the range of 2.500 “, while the Group employs 30,000 people in France.

Le Figaro spoke of on Thursday source close to the case, the figure of 3,500.

Areva has already announced in March a plan of savings of 1 billion euros by 2017, which in addition cuts personnel costs, will increase by improving its purchasing policy and productivity.

In addition to social, Areva is still Floor train on its financing plan, which will be based in particular on a rapprochement with the public electrician EDF, already close partners in the nuclear group.

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