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Zelensky Visit The French Armed Forces Headquarters - Paris

CEO of the Nexter Factory Nicolas Chamussy and Chairman of the Board of KNDS military company Philippe Petitcolin during a visit to the French Armed Forces headquarters in Paris, France on June 7, 2024. Photo by Jean-Bernard Vernier/JBV News/ABACAPRESS.COM

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Zelensky Visit The French Armed Forces Headquarters - Paris

Ukraine’s President Volodymyr Zelensky, Chairman of the Board of KNDS military company Philippe Petitcolin and French Minister for the Armed Forces Sebastien Lecornu during a visit to the French Armed Forces headquarters in Paris, France on June 7, 2024. Photo by Jean-Bernard Vernier/JBV News/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 30, 2020 shows a general view of Alstom building in Saint-Ouen, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by David Niviere/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated July 28, 2023 shows the first car manufactured by Alstom and designed by Ora Ito of Marseille's future metro trains in Marseille, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Laurent Coust/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated June 18, 2020 shows Alstom's Regiolis Lio electric or dual-mode train. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Patrick Batard/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated February 1, 2023 shows Alstom's Coralia iLint hydrogen train on the Tours-Loches line, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Pascal Avenet/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated June 18, 2020 of Alstom's logo. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Patrick Batard/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated July 28, 2023 shows a man with his back to ALSTOM wearing an orange waistcoat in Marseille, France on . On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Laurent Coust/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated February 1, 2023 shows Alstom's Coralia iLint hydrogen train on the Tours-Loches line, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Pascal Avenet/ABACAPRESS.COM