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250 social plans in preparation, up to 200,000 jobs threatened… The CGT's gloomy outlook

While in May she spoke of 130 social plans representing 33,021 direct jobs eliminated or “strongly threatened” (60,000 counting subcontracting and temporary work), then at the beginning of November of nearly 200 social plans and 150,000 jobs threatened by a “violent industrial bloodletting”, Sophie Binet now mentions “nearly 250 layoff plans in preparation, concerning between 170,000 and 200,000 jobs”, in this interview ahead of a press conference on the industry, which she is to hold on Wednesday afternoon.

“A tidal wave”

This count, carried out based on feedback from workers' union activists, unsurprisingly concerns sectors in crisis such as automobiles and aerospace, but also mass distribution, according to the head of the union center. She fears “a tidal wave” in the months to come, fearing cascading plans: “these plans take place especially in large companies, restructuring risks having consequences on small subcontractors, much more numerous,” warns the leader of the CGT.

To explain this rise in power, Sophie Binet points to “the responsibility of large companies”, which according to her “made the choice during the period of inflation to increase their margins and their prices to increase their dividends”, with the consequence of drop in investments, a drop in wages in constant euros “and therefore a reduction in consumption”. She also takes issue with the supply-side policy pursued since Emmanuel Macron's first five-year term, “a political shipwreck”, according to her.

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