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Fret SNCF to lays off 450, DB challenges its price-fixing fine reduction
FRANCE's state-run railway operator SNCF is to layoff 450 people out of its 8,000 staff in the latest round of company cutbacks, according to a French press report.
"Workforce numbers at the SNCF Group for 2015 were to have been issued at a board meeting last month but this meeting was postponed until January. So it is difficult to confirm this report at this stage," a Fret SNCF spokesman told Lloyd's Loading List.
"All we can say is that Fret SNCF's payroll has diminished over the past years as the company seeks to improve its operational efficiency," he added.
In a separate development, Deutsche Bahn's French rail freight subsidiary, Euro Cargo Rail (ECR), and France's Competition Authority have lodged an objection to an appeal court's judgment in November 2014 to reduce SNCF's rail freight fine for alleged anti-competitive practices from EUR60.9 million (US$72.7 million) to EUR48.2 million.
The case will be heard by France's Supreme Court of Appeal, the Cour de Cassation.
SNCF lodged an appeal against the fine in February 2013 and has not indicated whether it will accept the reduced sanction.
"Clearly, we are an interested party in the appeal made to the Cour de Cassation and its outcome," the Fret SNCF spokesman said.
"Workforce numbers at the SNCF Group for 2015 were to have been issued at a board meeting last month but this meeting was postponed until January. So it is difficult to confirm this report at this stage," a Fret SNCF spokesman told Lloyd's Loading List.
"All we can say is that Fret SNCF's payroll has diminished over the past years as the company seeks to improve its operational efficiency," he added.
In a separate development, Deutsche Bahn's French rail freight subsidiary, Euro Cargo Rail (ECR), and France's Competition Authority have lodged an objection to an appeal court's judgment in November 2014 to reduce SNCF's rail freight fine for alleged anti-competitive practices from EUR60.9 million (US$72.7 million) to EUR48.2 million.
The case will be heard by France's Supreme Court of Appeal, the Cour de Cassation.
SNCF lodged an appeal against the fine in February 2013 and has not indicated whether it will accept the reduced sanction.
"Clearly, we are an interested party in the appeal made to the Cour de Cassation and its outcome," the Fret SNCF spokesman said.
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