The general secretary of the CGT, Sophie Binet, warned of future massive social plans in the automobile, aerospace and mass distribution sectors. Up to 200,000 jobs would be at risk.
In an interview for Les Echos to be published on Wednesday November 27, the general secretary of the CGT, Sophie Binet, sounded the alarm. The latter alerted to a “very strong acceleration of the deterioration of the situation” in terms of layoffs and social plans, reports BFMTV. Up to 200,000 jobs would be threatened, she said.
Indeed, according to Sophie Binet, “nearly 250 layoff plans“would be in preparation. A dizzying figure which would concern, according to the trade unionist, “between 170,000 and 200,000 jobs“. “These plans mainly take place in large companies. Restructurings risk having consequences on small subcontractors, who are much more numerous“, she indicates. A real “tidal wave” in the automotive, aerospace and mass distribution sectors could occur in the months to come.
Inflation, consumption and dividends
But then, how can we explain these cascading plans? For the general secretary of the second private sector union, the fault lies with large companies which “made the choice during the period of inflation to increase their margins and their prices to increase their dividends.“
A harmful strategy which was carried out to the detriment of investments in production, in addition to leading to a drop in purchasing power and therefore consumption, she deduces. Inevitably, this drop in consumption would then impact companies’ order books.
published on November 27 at 8:23 a.m., Gabriel Gadré, 6Medias
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