GE To Cut 6,500 European Jobs

Wednesday, January 13, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
01/13/2016

Earlier today GE announced plans to cut 6,500 jobs in Europe over the next two years, including 765 in France, a spokesman for the company in France said on Wednesday. The spokesman added that GE was sticking to its pledge to create 1,000 net jobs in France in the next three years as part of its recent acquisition of Alstom’s energy business. So definitely firing 6,500, but tentatively promising to add 1,000.

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