French energy giant reveals strike-related losses ...News

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French energy giant reveals strike-related losses
The nationwide labor action against pension reform has reportedly cost Electricite de France €1 billion in lost output French utility Electricite de France (EDF) has warned of a big financial hit from recent industrial action at its nuclear reactors and hydro-electricity plants, claiming strikes had cost the company €1 billion ($1.1 billion) in lost output, sources have told Reuters. According to the news agency’s report on Friday, EDF is also reviewing hiring plans for the year. Two of the sources, reportedly union members, revealed they had been briefed by EDF executives in separate conversations last week and i

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