Alstom to cut 1,300 jobs, sell part of transport unit

PARIS (Reuters) – French power and engineering firm Alstom said it would shed 1,300 jobs and sell a stake in its transport business to raise between 1 and 2 billion euros after a drop in orders hit first-half profit and cash flow.



Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/GaQSmWrfVdY/story01.htm

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