Peugeot-Citroen to shed 8,000 jobs in France

Struggling French carmaker PSA Peugeot-Citroen has announced a drastic cost-cutting plan to slash 8,000 jobs in France and close a factory north of Paris, as it faces diving sales in crisis-hit southern Europe.

Peugeot-Citroen to shed 8,000 jobs in France
Thu, 12 Jul, 2012 - 12:11

Struggling French carmaker PSA Peugeot-Citroen has announced a drastic cost-cutting plan to slash 8,000 jobs in France and close a factory north of Paris, as it faces diving sales in crisis-hit southern Europe.

Union members vowed to try to fight back and plan protests later today.

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CourtsBusinessHeathrowPlace: FrancePlace: ParisPlace: southern EuropePlace: EuropePlace: south of EuropePlace: Aulnay-sous-BoisPlace: RennesPerson: CEOPerson: Philippe VarinOrganisation: Peugeot-CitroenOrganisation: PSAOrganisation: General Motors Corp.
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