VIDEO: General Electric to cut 600 jobs in France

U.S. technology and financial services firm General Electric is to cut 600 jobs in France, mostly at its finance arm, a union official said, seeking to further shrink the division’s activities in the wake of the banking crisis. GE Chief Executive Jeff Immelt is stepping up long-running efforts to shrink finance arm GE Capital, which almost sank the whole company during the 2008 meltdown.

FX_Trdr