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Merde! Chinese Wines Did What To French Wines?
Dec 15, 2011
(BusinessInsider) - In France, the litany of job reductions continues. Today, Air France added 2,000 jobs to be eliminated to the 4,000 it had already announced.
Late October, automaker PSA Peugeot Citroën announced 4,000 layoffs. Banks—Crédit Agricole, BNP Paribas, Société Générale, Crédit Foncier—chimed in with their own job reductions.
Then there were Areva, the largely government-owned nuclear-power conglomerate, drug maker Sanofi, ferry operator Seafrance (in liquidation), and newspapers—Les Échos, Parisien-Aujourd'hui, France-Soir, and Comareq (in liquidation).
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