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General Electric (GE), who was committed to creating a thousand net new jobs in France after having acquired the energy Alstom in 2015, has not done and will co

General Electric will pay 50 million euros for failing to have created 1,000 jobs

General Electric (GE), who was committed to creating a thousand net new jobs in France after having acquired the energy Alstom in 2015, has not done and will co

General Electric will pay 50 million euros for failing to have created 1,000 jobs

General Electric (GE), who was committed to creating a thousand net new jobs in France after having acquired the energy Alstom in 2015, has not done and will contribute to "a fund-industrialization, with 50 million euros", announced the ministry of Economy on Tuesday.

" ALSO READ - Sale of Alstom: an ex-officer jailed accuses the U.s. of blackmail

General Electric had dropped in June to its commitment to create a thousand net new jobs in France at the end of the year 2018, but the new CEO Larry Culp had assured mid-October that his group would "keep its commitments". In its press release, the ministry of Economy evokes the creation of 25 net new jobs to the end of 2018".

When a steering committee that was held at Bercy in the morning, "GE stressed the importance of its continued investment in France over the period and stated that, in a particularly difficult market environment, the group has done everything possible to create jobs and has held its contractual obligations signed with the State", was then reacted with the company in a press release.

" ALSO READ - General Electric flickers, the ex-Alstom is concerned

"for over 100 years GE has demonstrated a constant commitment by France, as evidenced by the strengthening on the territory of the division Renewable Energy announced on 30 January last", will again be defending the group.

The fund announced Tuesday, "housed at the Caisse des dépôts et consignations (CDC)", "will be led by a committee chaired by a personality specialist from the industry" and will involve representatives designated by the company, the communities concerned and the services of the State, said the release of Bercy.

ALSO READ:

" General Electric flickers, the ex-Alstom is concerned

Publish Date : 06 Şubat 2019 Çarşamba 00:00

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