GE to cut up to 6,500 jobs in Europe

US manufacturing giant General Electric (GE) plans to cut up to 6,500 jobs in Europe in the next two years. The announcement follows the £6.3 billion takeover of French company […]

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By Jacqueline Echevarria

US manufacturing giant General Electric (GE) plans to cut up to 6,500 jobs in Europe in the next two years.

The announcement follows the £6.3 billion takeover of French company Alstom.

They could include up to 600 jobs in the UK and 765 positions in France.

Around 1,300 of the layoffs could be in Switzerland and 1,700 jobs in Germany could be at risk.

A GE spokesperson said: “This is a necessary step to increase the competitiveness of the former Alstom businesses and generate the synergies we have targeted. We will work constructively with employee representatives throughout the process.”

Earlier this week, BP announced to cut 4,000 jobs from its global workforce.