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General Electric on Monday announced that it will cut 1,200 jobs in Switzerland at its troubled power generation business.
The U.S. industrial conglomerate in December proposed to cut up to 4,500 jobs in Europe – including 1,400 in Switzerland – as it aims to reduce its global footprint by 30 percent.
The job cut has however been lowered by 200.
The company has a workforce of about 4,200 in Switzerland.
Reuters, quoting Swiss labour union, Unia, reports that the cuts will affect 920 employees in Baden, 230 in Birr and 50 in Oberentfelde.
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