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Michel Sapin
EADS in France / ‘Layoffs unacceptable’ labor minister Michel Sapin says
French labor minister Michel Sapin Tuesday said European Aeronautic Defence & Space Co. (EAD.FR) shouldn’t cut its overall staffing level in France after the company announced plans Monday to cut 5,800 jobs through 2016 in Europe in its military and space units. “France finds it unacceptable that a business like EADS cuts jobs overall while … Continue reading
France / Minister Michel Sapin: There is a state but it’s a totally bankrupt state
France’s government was plunged into an embarrassing row yesterday after a minister said the country was ‘totally bankrupt’. Employment secretary Michel Sapin said cuts were needed to put the damaged economy back on track. ‘There is a state but it is a totally bankrupt state,’ he said. ‘That is why we had to put a … Continue reading
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