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France's Areva to cut 1 500 jobs in Germany

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(File, AFP)
(File, AFP)

Paris - French nuclear group Areva, which incurred massive losses, last year, is looking to cut around 1 500 jobs in Germany by the end of 2017, a company spokesperson said on Wednesday.

At a meeting between management and employees on Tuesday, Areva's chief Philippe Knoche said the company planned to cut 1 500 full-time-equivalent jobs by the end of 2017 including 500 to be carried out this year, the spokesman said.

Wolfgang Niclas, representative for the IG Metall union, said earlier that 1 000 jobs were on the line in 2016 and 2017, confirming a report in the French business daily Les Echos.

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