EDF announces the deletion of 5000 posts

Three weeks after its IPO, Electricité de France said Thursday that it will not replace retirements by 2007. Information already known, defends EDF.

For EDF, this is only a “confirmation”. For the unions, three weeks after the group's listing on the stock market, it is a “blow” and a “change of strategy”.
Thursday therefore, Electricité de France announced that it intends to remove 5000 positions by the non-replacement of most of the retirements by 2007, while stressing as soon as these figures were already known. "There is absolutely no new announcement compared to what appeared in the Altitude performance plan dating from the end of 2004", said a spokesperson for the group. While recalling that this information appeared in the “document de base” sent to the Autorité des marchés financiers (AMF) before the IPO on November 21.

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