Areva to cut wage bill 15 percent as prospects worsen: union sources
February 27, 2015 at 08:26 AM EST
PARIS (Reuters) - The management of French nuclear group Areva plans to cut 15 percent of its wage bill and thereby save 300 million euros ($337 million) a year as the prospects for sales of its reactors worsen, according to union sources briefed by the new team.