The French energy company EDF announced on Thursday, January 21, it would cut its workforce by 5% over the period 2016-2018, without redundancy, and reduce operating expenses to face a depressed energy market and implement its strategic plan.
“To adapt to its environment and implement the strategic choice of project CAP 2030 EDF SA optimizes resources by reducing the number of recruitments and reducing all operating expenses. This should lead to a decline in enrollment of 5% on the perimeter of EDF SA without any redundancies over the period 2016-2018, “the group said in a statement issued at the end of a central works council (CEC).
The group told AFP that the redundancies concerned the 67,000 employees of EDF SA, or about 3,350 people. “The management of resources is in an environment marked by increased competition and unfavorable market conditions in France and Europe, which requires adaptation of the company,” according to EDF .
(With AFP)
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