The management will submit its project to the regional directorate for companies, competition, consumption, labor and employment (Direcct) by mid-March, we learn from General Electric. ” The discussions held since the start of the process have led to a balanced agreement for the employees and the company, with the priority of limiting as much as possible the social impact of the project by proposing targeted support measures for the employees. concerned “, believes management. Julien Fontanive to specify: “What has been signed is an agreement on accompanying measures. ” And to recall that the staff representatives do not agree on the analyzes of the market or on the justification for the layoffs.
The plan is justified by “A particularly difficult market context”, we insist to management. “Hydro Solutions continues to face a complex market situation, which is characterized by low growth in electricity consumption in mature countries, by competition from other renewable energies, by a contraction of the market and very strong pressure on the prices “, confides a source close to management. Today, GE is targeting a turnover of one billion dollars, twice lower than in 2011. The research is indeed those of “Better economic and financial performance”, we recognize. Hydro has already had a major social plan in 2017-2018; it had only affected the Grenoble site at that time.
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