Alstom cuts 1,500 jobs to stabilise finances

Alstom headquarter's in France
Alstom headquarter's in France Shutterstock

French manufacturer of trains, metros and rail systems Alstom is to cut some 1,500 jobs. While its sales are going up, the company’s shares dropped last month and the intervention is part of a larger reorganisation aimed at improving the industrial group’s finances, the company announced at its half-year results.

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Author: Esther Geerts

Former Editor RailTech.com

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1 comment op “Alstom cuts 1,500 jobs to stabilise finances”

Jorge Rojas-Chacón|16.11.23|16:11

As always, the workers pay the bad administration

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