EMCC European Monitoring Centre on Change

General Electric

Company/Organisation:
General Electric

Geographic Location

Country: France
Region: île de France
Location of affected unit(s): Levallois, Massy

Company

Sector: Utilities
Electricity, gas, steam and air conditioning supply
35.1 - Electric power generation, transmission and distribution

Employment Effects

Announcement Date: 13-01-2016
Planned Job Reductions min: 765
Planned Job Reductions max: 765
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-04-2016
Foreseen End Date: 31-12-2017
Planned Job Creation: 1000

Additional Information

Following the takeover of Alstom and a large-scale restructuring with 6,500 job cuts worldwide (see ERM Factsheet), General Electric intends to cut 765 positions in France (although GE are on track to create another 1000 jobs in France in their place). The job cuts will take place in GE's gas and steam power business activities, which have been declining in recent years. They represent about 10% of the employees from the former Alstom Energie activities in France. About two-third of the job cuts are expected in 2016 and the remaining third for 2017. 200 positions will be cut in the support functions while the main job cuts will focus on industrial positions. Information and consultation process have started in each plant as negotiations with unions on the social plan. It is expected that these negotiation end in May. Then a period for voluntary departures would be opened from June to October.  In total, GE will create 235 positions net in the next three years, taking into account the 765 job cuts announced and the 1,000 job creations.