General Electric to cut 4,500 jobs across Europe – report

PARIS, – U.S. firm General Electric will cut 4,500 jobs across Europe after reviewing assets it purchased from France’s Alstom in 2015, French newspaper Les Echos said on Tuesday.

Citing a union source, the report said the cuts would take place in Switzerland, Germany and Britain. GE said in a statement it was “reviewing its operations to ensure the business is best positioned to respond to our market realities and for long-term success.”

It did not mention any job losses, but said it had put forward a proposal to the European body representing legacy Alstom employees.

Mozaffar EtezadiFar

Founder at Energykade
Mozaffar owns degrees in electrical engineering as BSc and power management as MSc. He has worked in fields of energy and e-commerce. He believes that energy and IT can help each other to save more energy and our planet. So here is energykade...
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