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ORA Orange.

10.405
-0.08 (-0.76%)
Last Updated: 12:00:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
Orange. EU:ORA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.08 -0.76% 10.405 10.40 10.405 10.54 10.395 10.51 1,529,981 12:00:50

French Court Rules Orange Guilty of 'Moral Harassment' After Workers' Suicides

20/12/2019 1:36pm

Dow Jones News


Orange (EU:ORA)
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   By Mauro Orru 
 

A French court on Friday ruled that telecommunications company Orange (ORA.FR) and its former chief executive were guilty of "moral harassment" as part of a restructuring linked to a number of suicides at the company in the last decade.

A Paris court imposed a 75,000-euro fine ($83,432) on the company, formerly France Telecom, and charged several former managers with moral harassment between January 2007 and December 2008. The alleged actions were part of an effort by the company to reduce its workforce.

Orange said it wouldn't appeal the decision.

The tribunal also gave jail terms to former managers, including former CEO Didier Lombard. Mr. Lombard was sentenced to a year in jail and fined EUR15,000. A period of eight months of the sentence was suspended.

Mr. Lombard has previously denied any wrongdoing. His lawyer didn't respond immediately to a request for comment.

"Independently of this decision, the group previously decided in July 2019 to create a compensation commission to review individual situations," Orange said in a statement.

The company said the commission is examining the first dossiers submitted by individuals or beneficiaries who were at the company between 2007 and 2010 to thrash out compensation terms.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

December 20, 2019 08:21 ET (13:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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