Job cuts in pipeline as French nuclear giant Areva posts record losses

The firm, which is 87 per cent state-owned and posted losses of 4.8 billion euros in 2014, says it hopes any redundancies would be voluntary.

Reading articles is for subscribers only. Subscribe now.

French nuclear giant Areva suffered record losses of 4.8 billion euros in 2014, it confirmed on Wednesday. Bosses said job cuts were possible but said they would try to avoid compulsory lay-offs, reports RFI.