EDF announces up to 7,000 job cuts

France France
The energy company EDF has announced that it is implementing a policy of not filling all new vacancies when workers retire or leave the company. Only one job in three (or four depending on the job) will be filled over the next two years. The unions believe this is an early reflection of the company's new, more profit-oriented approach following its switch from being a nationalised company to a share-based, although still majority state-owned organisation.
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