Total in talks for 500 job cuts in France:CEO

Bloomberg

Total SE is discussing a plan for 500 voluntary job cuts in France, where the oil company has 35,000 employees, CEO Patrick Pouyanne said.
Pouyanne said talks are ongoing. “We’ll see, there’s a negotiation. It could be 300, it could be 700,” he said. He denied that Total has decided on reducing 700 positions, a number given by the CGT labour union. The plan is part of a project to reorganise research and development, and hire younger workers with necessary skills, Les Echos reported last month, citing the union.

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