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Veolia to shed 700 jobs, part of broader cost-cutting plan

  • Veolia Environnement's (VE) water unit says it will cut ~700 jobs in France next year, as part of a broader plan to reduce its workforce to reduce costs.
  • The world's largest waste and water utility by sales announced in March a plan to cut ~1,500 jobs by the end of next year in France, where it has been battling a difficult economic environment.
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