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General Electric to cut 1,200 jobs in Switzerland
The logo of General Electric is pictured at the 26th World Gas Conference in Paris, France, June 2, 2015. REUTERS/Benoit Tessier - RTR4YIOG

General Electric to cut 1,200 jobs in Switzerland

GENEVA: General Electric  will cut 1,200 jobs in Switzerland at its troubled power generation business, about 200 fewer than its original proposal, the U.S. industrial conglomerate said on Monday.

GE had announced plans in December to cut as many as 4,500 jobs in Europe – including 1,400 in Switzerland – as it aims to reduce its global footprint by 30 percent.

The company has a workforce of about 4,200 in Switzerland. The cuts will affect 920 employees in Baden, 230 in Birr and 50 in Oberentfelden, Swiss labour union Unia said separately.