RIO DE JANEIRO, BRAZIL - On May 18, the French steel tube manufacturer Vallourec announced its intention to cut about 2,950 jobs worldwide, 320 of them in France, confronting the government with its first social plan since Élisabeth Borne took office as Prime Minister.
The group announced a reduction "of 2,400 jobs," following mainly the closure of its facilities in Germany and the elimination "of about 550 jobs."
In mid-November, after a . . .