Monaco’s Commercial Trade Union, affiliated to the Union of Trade Unions of Monaco, has reacted with indignation to the announcement of a plan for voluntary redundancy at Carrefour outlets, local French-language daily Monaco-Matin reports.
The CEO of Carrefour, Alexandre Bompard, has said that thousands of jobs will go across France as the company strives to cut operating costs. No specific cuts have been announced for the Monaco store in Fontvieille, but the Union said that the workforce is declining steadily, even though the Monaco branch of the French chain is the most profitable store per square metre of the entire Carrefour France group.
The Union blames the nationwide job cuts on the recent reform of the French labour laws, and expressed its support for Carrefour employees across France.