???? 286 PSE: nearly 300,000 jobs threatened or eliminated

Wednesday 27th November 2024 05:50 PM

The CGT counts nearly 300 PSEs (layoff plans)

For several months, the CGT has been warning about the disastrous industrial situation. Last May, the CGT presented a list of 130 job cuts plans in order to denounce this process of deindustrialization. In October, when it was presented to the Prime Minister by the CGT, this list reached 180 layoff plans.

And less than 6 months after our first list, the CGT currently lists 286 job cuts plans since September 2023.

Between 128,250 and 200,330 jobs threatened or eliminated since September 2023 recorded by the CGT

An overall trend towards an acceleration in the pace of implementation of job cuts plans is emerging, with more than 120 plans focused on the period July-November 2024including 89 in the September/November period alone.

The sectors most impacted by job cuts are:

the metallurgy : 13,000 direct jobs eliminated or threatened,
the commerce : more than 10,000 direct jobs eliminated,
the public and associative sector : more than 7,000 jobs lost,
THE banks and insurance : more than 6,000 jobs eliminated or threatened
the chemistry : more than 7,000 direct jobs eliminated

If we combine the total number of jobs eliminated or threatened (70,586) and the potential for indirect and induced jobs in the industry (57,664 low hypothesis, 129,744 high hypothesis), we therefore arrive at the overall evaluation of a negative impact included between 128,250 and 200,330 jobs since September 2023 recorded by the CGT.

It therefore allows us to think that tens of thousands of additional jobs are at risk which can be added to those listed by the CGT.

The documented CGT census is therefore consistent with the assessments which have circulated recently, in particular that of the Altares firm relating to 300,000 jobs threatened due to the wave of business failures.

Beyond the social devastation with the destruction of direct and indirect jobs, deindustrialization also leads to territorial devastation with desertification impacting the entire economic fabric and French public services.

Each job lost results in domino effects on subcontractors, service providers and the entire local economic ecosystem. These layoff plans not only eliminate jobs, they empty regions of their attractivenesstheir local business…

Broken lives, families in uncertainty: behind the numbers there is a human drama playing out

There is no worse social violence than unemployment; these job losses also plunge families into uncertainty. These announcements can be made by video or SMS in an extremely short time, without taking into account the living conditions of employees and their chances of finding employment, particularly if they are at the end of their career.

These layoff plans result in profound social impacts, from financial difficulties to loss of housingweakening the social fabric in many territories.

Environmental consequences are inevitable

The relocation of our production to countries where environmental standards are low, or even non-existent, amplifies the ecological impact of these choices.

Added to this is a paradox: production exported abroad will come back manufactured in our country, further increasing the carbon footprint of relocation. The sovereignty of our country is, for its part, threatened.

By outsourcing these entire sections of its productive capacity, France is losing not only jobs, but also control over key sectors of its economy. This situation fuels increased dependence on other countries.

Public money distributed without compensation to companies that lay off and relocate

Faced with this, the State does not play its role as guarantor, and on the contrary, he makes the situation worse. Public money is massively paid in aid and subsidies to businesses which, without compensationlay off and relocate.

In July 2023, the Court of Auditors estimates 260.4 billion euros total financial support for businessesincluding guaranteed loans and deferral of payment of social security contributions. No control or coercive mechanism prevents these practices which weaken our industrial fabric and our jobs.

These business and factory closures are the direct consequences of the supply-side policy led by Emmanuel Macron since his first mandate.

Its only compass has been to attract foreign investors, who once in the territory, plunder knowledge and patents before leaving to open low-cost factories in other countries.

The State must imperatively act to restore the industrial sovereignty of France and implement a truly ambitious industrial policy. This goes through the cessation of relocations and by a relocation of production.

It is also essential to fight against social dumping which exploits underpaid workers in other countries, while destroying local jobs. A real industrial strategy is therefore essential to guarantee a sustainable future for France.

The CGT asks the State to take its responsibilities and urgently open a foundation for industry in order to revive our productive tools and act for jobs in France.