By on December 12, 2012

Peugeot will eliminate an additional 1,500 French jobs by 2014, bringing the previously announced 8,000 layoffs close to 10,000, PSA managers told union representatives yesterday.

The job reductions will be trough attrition. Workers who are leaving the company or retiring will not be replaced, Reuters reports.

Along with Fiat and Opel, PSA Peugeot Citroen is considered most affected by the European slump in car sales and overabundance of production capacity.

Get the latest TTAC e-Newsletter!

Recommended

No Comments on “Peugeot Kills More Jobs...”

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • Gardiner Westbound: Doubtful as long as they or the parent companies are run by accountants and carpetbagging...
  • ajla: No.
  • JimZ: Because in the era of internet news, being first is more important than being right. As is never admitting or...
  • thelaine: No.
  • BunkerMan: I own a F150 and a Taurus. The F150 is to tow our 3 trailers, haul ATVs, camping supplies, and various...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States