Skip to main content
On Air Now

CGT Warns of Job Losses

.
Picture: Riviera Radio

CGT Warns of Job Losses - The CGT has released a map detailing nearly 200,000 jobs threatened across France due to layoffs and industrial restructuring since September 2023, with over 400 jobs at risk in the Alpes-Maritimes, including Thales Alenia Space in Cannes and Sangamo Therapeutics in Valbonne. Key affected sectors include aerospace, automotive, chemicals, retail, and public services, with fears of cascading impacts on smaller subcontractors. The union criticizes large corporations for prioritizing dividends over investment, wages, and consumption during inflation.