Subscribe free to our newsletters via your
. Nuclear Energy News .




CIVIL NUCLEAR
French nuclear group Areva to cut up to 6,000 jobs worldwide
by Staff Writers
Paris (AFP) May 7, 2015


French nuclear group Areva, which incurred massive losses last year, announced Thursday it would cut up to 6,000 jobs worldwide as it seeks to slash its costs by a billion euros by 2017.

The number of job cuts will be between 5,000 and 6,000 worldwide, said the group's human resources director Francois Nogue.

Between 3,000 and 4,000 of the job losses will be in France.

Areva had earlier said it planned to reduce its labour costs by around 15 percent in France and 18 percent internationally.

The group's labour costs currently come to between 3.5 billion and 4.0 billion euros -- an unsustainable level given that revenues are only about twice that, said Nogue.

"It is urgent to take the necessary measures to adapt the costs of our business to the reality of its markets," said chief executive officer Philippe Knoche in the statement.

The group currently employs around 45,000 people, including some 30,000 in France.

In March, the French nuclear group confirmed record net losses in 2014 of 4.8 billion euros ($5.3 billion) after it was forced to absorb costs linked to delays to its flagship next-generation EPR reactor.

The mostly state-owned company, which had forecast losses of 4.9 billion euros, said it would make savings worth around one billion euros over the next few years.

It said the precise numbers of job cuts would be finalised after talks with unions.

The troubled company has already made reductions to its profit-sharing programme and other incentives, and had already announced 1,500 job cuts from its German operations, where around 5,000 people are employed.

In the latest planned job cuts France would be the hardest hit, with between 4,000 and 5,000 workers affected.

Management met Thursday with union representatives to launch negotiations.

The CGT trade union accused the state of neglecting the nuclear industry.

"The state decided to scupper the nuclear sector, to satisfy financial and competitiveness reasons to the detriment of industrial policy," the union said in a statement.

Areva has suffered particularly in recent years after interest in nuclear power cooled following the 2011 Fukushima disaster in Japan.

abb/er/cb

Areva


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





CIVIL NUCLEAR
China to start building 3rd generation nuclear reactor
Beijing (AFP) May 6, 2015
Construction of China's first "third generation" nuclear reactor will start on Thursday, a state-run company said, as Beijing attempts to export its atomic energy designs globally. Unit five of the Fuqing nuclear power plant in Fujian province will incorporate an ACP1000 reactor developed by the China National Nuclear Corporation (CNNC), the firm said Wednesday. The ACP1000 is one of a " ... read more


CIVIL NUCLEAR
Ethanol may release more of some pollutants than previously thought

Engineered softwood could transform pulp, paper and biofuel industries

ORNL contributes to major UN bioenergy and sustainability report

Researchers use plant oils for novel bio-based plastics

CIVIL NUCLEAR
Inkjet printing process for kesterite solar cells

IHS PV Inverter Rankings: Asian Suppliers Take Another Big Leap

Vikram Solar commissions 40 MW PV plant in Madhya Pradesh

IEA: Holistic effort needed in renewables

CIVIL NUCLEAR
Vulnerable grassland birds abandon mating sites near wind turbines

Germany's E.ON building wind reputation

World-first and new standard achieved in floating lidar as AXYS selects ZephIR 300

Molycorp to supply rare earths for use in Siemens wind turbines

CIVIL NUCLEAR
Global carbon dioxide levels reach new monthly record

Unexplained gap in global emissions of potent greenhouse gases resolved

Berkeley Lab researchers find that saving energy is still cheap

Tesla Could Be Changing The Dynamics Of Global Energy

CIVIL NUCLEAR
David V. Goliath: Small-Cap Tech To Save Giant Coal

Scientists build battery entirely out of one material

Tracking exploding lithium-ion batteries in real-time

Students develop electricity-producing leg brace

CIVIL NUCLEAR
New exoplanet too big for its star

Robotically discovering Earth's nearest neighbors

Astronomers join forces to speed discovery of habitable worlds

Titan's Atmosphere Useful In Study Of Hazy Exoplanets

CIVIL NUCLEAR
OCCAR takes over management of Italian shipbuilding project

Brazil taps Zentech for aircraft carrier hull inspection

China Develops Fourth-Generation Nuclear Sub

Damen introduces new family of offshore patrol boats

CIVIL NUCLEAR
Traffic Around Mars Gets Busy

Rock Spire in 'Spirit of St. Louis Crater' on Mars

Rover on the Lookout for Dust Devils

UAE opens space center to oversee mission to Mars




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.