Obama is just as bad and US is becoming the same, Socialist.
Case in point A123. Wanted to avert bankruptcy and either merge with a Chinese company or get sold to the Chinese company, but The Big O block it from happening. A123 went bankrupt and in bankruptcy court the Chinese got the company and the technology anyway.
So, the French want to block the layoffs do they
Well their choices are let the layoffs happen or accept an M&A.
OR accept neither and wind up accepting ALU disappearing for ever and lose the jobs anyway.