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France Records 381 Social Plans as Industry Jobs Plunge

The CGT is demanding a moratorium on layoffs to prevent further disintegration of France’s industrial workforce.

Overview

  • The CGT counted 381 social plans between September 2023 and May 2025, putting 157,903 to 244,655 direct and indirect jobs at risk.
  • Metallurgy, automobile and chemical firms are hardest hit as global competition and surging energy costs strain operations.
  • ArcelorMittal confirmed 600 job cuts in France and its decarbonization project remains stalled by financial constraints.
  • Union leaders insist on mandatory buyer searches and condition public subsidies on CSE approval to block layoffs.
  • President Macron rejected nationalization of key firms, fueling debate over state intervention to preserve industrial sovereignty.