Sarkozy announces huge job cuts
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France's president vows to cut thousands of civil service jobs, as unions threaten strikes over pension reform.
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French Finance Minister Nicolas Sarkozy is resigning when he meets today with Prime Minister Jean- Pierre Raffarin, freeing him to use his new position as head of the ruling party to prepare for the 2007 presidential elections.
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French Finance Minister Nicholas Sarkozy is to reveal his budget for next year on Wednesday.
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President Nicolas Sarkozy ordered talks with unions Tuesday to do away with coveted retirement privileges and proposed abolishing penalties against seniors who want to stay on the job, saying France's social system "discourages work."
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A shake-up at Airbus will slash 10,000 jobs and sell all or part of six factories, French trade union CGT confirmed on Wednesday, as workers protested and politicians hailed a hard-fought compromise.
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The French newspaper industry is facing cuts and job losses as circulation figures plummet and major publications report financial difficulties.
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PARIS/MUNICH  - Airbus plans to cut 5,000 jobs and axe another 5,000 filled by contractors, bringing total job cuts in its plants to 10,000 while limiting the impact on its own workforce, industry sources said on Tuesday.
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President Nicolas Sarkozy vowed to stay the course of economic reform in a keynote speech to French business leaders Thursday, promising to free up the labour market, drive down prices for consumers and root out waste in the public sector.
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French President Nicolas Sarkozy is to separate from his wife Cecilia, the presidency says.
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President Nicolas Sarkozy on Tuesday shook up his cabinet, putting a woman in charge of the French economy for the first time and naming a new government number two, after his party lost seats in parliamentary elections.
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Frank-talking Interior Minister Nicolas Sarkozy has revealed he will seek the French presidency, pledging to recharge the country by breaking with coveted job protections and better integrating disillusioned minorities.
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Peugeot Citroen unveils an aggressive restructuring which includes trimming its European workforce by 8,000.
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France Telecom plans to shed 8,000 jobs worldwide this year under planned retirement programmes and transfers of staff to the civil service, the company told AFP.
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The French newspaper industry faces job cuts and losses as circulation figures plummet.
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Rail workers join France's rolling campaign of strikes in the public sector, with massive disruptions expected.
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All part of the same cull Alcatel-Lucent said today that it plans to slash 400 jobs in France as part of its brutal cost-cutting strategy to axe 4,000 employees worldwide.â¦
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France was hit by transport chaos Thurday as unions challenged President Nicolas Sarkozy with a 24-hour strike, but the government vowed to stick by plans to overhaul pensions for hundreds of thousands in the public sector.