General Electric is facing up to $ 60 m in fines to the French government after failing to fulfil a promise to generate 1,000 jobs before the end of 2018 . The industrial company made the pledge as part of its successful bid to purchase France ’s energy business in 2015 , committing to pay the country € 50,000 ( $ 57,000 ) for every job it promised to create . As of 2018 , only 323 jobs had been delivered , according to France ’s finance ministry , though this has been disputed . To continue, please click the box below to let us know you're not a robot. The government has said it will use the money to help businesses in the areas for which the jobs were intended .
General Electric is facing up to $ 60 m in fines to the French government after failing to fulfil a promise to generate 1,000 jobs before the end of 2018 . The industrial company made the pledge as part of its successful bid to purchase France ’s energy business in 2015 , committing to pay the country € 50,000 ( $ 57,000 ) for every job it promised to create . As of 2018 , only 323 jobs had been delivered , according to France ’s finance ministry , though this has been disputed . The government has said it will use the money to help businesses in the areas for which the jobs were intended .