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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime
Provider: GlobalData

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Areva SA plans job cuts in Germany-Les Echos

Tuesday, 28 Jan 2014 07:00pm EST 

Areva SA:Plans to cut 160 full-time posts out of 660 at its factories in Bremer-haven and Stade in Germany-Les Echos.In addition, it does not plan to renew 340 temporary contracts at the sites.The city of Bremen and the IG Metall trade union demand that the company find alternatives.A spokesperson for the regional Ministry of the Economy said that if Areva does not alter its plan, it will demand that the company repay subsidies totaling 4.4 million euros which it has been granted.The German metal workers union wants Areva to reduce working hours rather than cut jobs. 

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