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France / To cut about 7,500 jobs next year

France’s military will cut about 7,500 jobs next year, a defense ministry source said on Thursday, detailing government belt-tightening plans that the far-right hopes will deliver it votes at municipal elections in 2014.

The cuts come as tensions rise within Socialist President Francois Hollande’s 17-month-old coalition, whose poll ratings have fallen to 23 percent due to dissatisfaction about the economy and jobs.

The defense ministry said in April that 34,000 jobs would likely be cut over the coming six years, but its overall budget would remain largely static, steering clear of drastic spending cuts after military officials and lawmakers said that would reduce France’s ability to counter global security threats.

“Given the six year objectives, (the cut) should be around 7,000 to 7,500 military and civilian personnel in 2014,” the source said on condition of anonymity, ahead of a news conference by Defence Minister Jean-Yves Le Drian.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Reuters

via France military eyes 2014 cuts, far-right seeks to benefit | Reuters.

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