Factory closures in France are looming, threatening to impact thousands of jobs, according to Industry Minister Marc Ferracci. The country’s manufacturing sector is facing a severe recession, which has been worsened by recent announcements from major companies like Michelin and Auchan, signaling job cuts. The closure of factories and rising unemployment may reverse the progress made in recent years to reduce joblessness. This is a critical moment for France’s economy, with the potential for increased financial hardship for workers and their families.
NEWS DESK
PRESS UPDATE