French Government Carrefour Job-Cut Plan, Montebourg Says
Stock Chart for Carrefour SA (CA)
Carrefour may announce 500 job cuts on Wednesday, the French daily Le Figaro reported on Aug. 25.
“We’re going to examine this company as we have others,” Montebourg said. “We are going to look the company’s profitability and the reasons why it’s in this situation.”
Montebourg called the examination part of the “usual process” when job-cut plans are announced.
To contact the reporter on this story: Alan Katz in Paris at firstname.lastname@example.org.
To contact the editor responsible for this story: Melissa Pozsgay at email@example.com.
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.