Tignes Avalanche: At least four killed skiing off-piste at popular French Alps resort
Rescuers pulled out one survivor who was buried in snow and is described as being in critical condition.
The number of dead is expected to rise.
Two people have so far been pulled out alive and three remain unaccounted for, rescue services said.
The 400-metre wide avalanche occurred at an altitude of 2,100 metres (6,900 feet), in an off-piste section of the ski area at Tignes, a popular resort near the Italian border.
Police and emergency services were rushed to Tignes from the nearby resort of Courchevel to reinforce those already at the scene.
The identities and nationalities of those killed have not been announced.