Fret SNCF: massive job and traffic losses, protesters storm EU offices
The die is cast. The French freight subsidiary of SNCF – Fret SNCF – will be restructured in order to avoid sanctions from the EU Commission. The restructuring means that it will have to give up 20 per cent of its contracts and 30 per cent of its traffic. In human toll, this means a loss of 500 jobs.
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