French state-owned railway company SNCF has lost nearly 100 million euros (around $123 million) as a result of the ongoing strike of its workers that started last week, SNCF head Guillaume Pepy said.
The SNCF chief stated that the action had so far incurred losses of some 20 million euros per strike day since the majority of trains were either canceled or delayed.
France has entered the fourth day of planned wave of non-consecutive strikes, which began last week, in protest against the SNCF reform.
"On Monday, April 9, among the railway workers that were expected to work today, the number of those on strike is 24.9 percent as of mid-morning," the company said on Twitter.
According to the attached press-release, the rate of participation in the strike is lower, compared to Wednesday, when it was at 29.7 percent.
The reform, in particular, aims to put an end to the special status of railroad workers and make the SNCF a national enterprise with public capital. Some railway workers fear that the SNCF overhaul may lead to its privatization, but the government has denied this possibility.
The strike, which began on April 3, may last until the end of June. Trade unions are planning to continue the strike intermittently, unless the government makes concessions.