The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
149 jobs Number of planned job losses
Announcement Date
4 September 2025
Employment effect (start)
4 September 2025
Foreseen end date
Description
GE Vernova, which is part of the American General Electric group, is cutting 120 jobs in France as part of a Europe-wide restructuring of 600 jobs. The cuts will mostly affect support departments such as human resources and financial services. 42 of these cuts will take place at its site in Belfort. To move forward quickly, the management has opted to establish a collective contractual agreement rather than a job protection plan.
GE Vernova employs a total of 25,000 people in Europe, and 8,000 in France.
Updated, 31/10/2025
149 positions are being eliminated, affecting project managers, civil engineering, and support functions. GE Vernova has chosen to proceed through a collective contractual termination scheme. The company is navigating between gas turbines, which are sustaining activity and offshore wind, which is sinking under heavy debt. Yet, with 11% growth and solid profits, the company's economic health does not fully justify these decisions.
Regions such as Belfort are proposing alternative pathways, including hydrogen initiatives and digital services, as future avenues. This situation reflects a broader sector-wide crisis impacting major energy companies across Europe.
Eurofound (2025), GE Vernova, Internal restructuring in France, factsheet number 203288, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203288.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
