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Total – To cut 2,000 jobs

Total SA on Thursday became the latest casualty of the oil-price swoon, reporting a $5.66 billion net loss for the latest financial quarter and promising to shed billions Capture d’écran 2015-02-13 à 08.52.22more in cost savings, including 2,000 layoffs by 2017.

Chosen excerpts by Job Market Monitor. Read the whole story at France’s Total Plans to Cut Jobs, Sell Assets After Big Loss – WSJ.

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