France Puts Political Pressure on Alstom Over TGV-Maker Jobs
- Alstom unveiled plan Wednesday to move workers from Belfort
- Finance minister wants talks with state, unions, officials
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The French government has raised political pressure on Alstom SA over jobs after summoning the head of the partially state-owned company to explain why it’s planning to halt production of high-speed TGV trains in the east of the country.
Finance Minister Michel Sapin and Industry Minister Christophe Sirugue asked Alstom Chief Executive Officer Henri Poupart-Lafarge to explain “the motivations behind the decision,” they said in a statement on Thursday following a meeting. The ministers expressed their “incomprehension” at the move, declaring it sudden and unilateral.