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French chain FNAC will announce next week a redeployment of staff in its Paris stores, as it seeks to cut costs by €35m (£31m).
Last week, the group announced that "400 jobs in France, or 3.4% of the total" could be affected
by the cost saving, but has denied that this will result in redundancies.
FNAC said the number represented less than 25% of natural staff turnover, which amounted to 14% last year. The chain said it would aim to avoid any redundancies and would offer alternative posts over the next 18 months. About 100 are already open, it said.
The announcement was made while meetings with store works councils were underway and amid a flurry of French newspaper articles. The official denied a report last week in the French daily Le Figaro that three stores in the Paris area and a fourth in the provinces were under threat.
Management will meet with staff next week to discuss the new arrangements, an official told The Bookseller.
The unions say cutting 400 jobs is unjustified in view of the company's stable financial position and the dividends it pays to parent company Pinault-Printemps-Redoute. PPR is reported to be asking €300m (£266.1m) this year, up from the €53m (£47m) it received in 2008.