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job loss

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    Report: France unveils green incentive to rescue auto industry
    1343588520

    PSA Peugeot Citroën and the French goverment have been negotiating how to repair the company's business position without ruining the new government's promises to the electorate. At last count, Peugeot wants to send 14,000 workers home for good, close a factory in Aulnay, and trim some of its ...

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    Report: Peugeot stock jumps on word it could shed 10,000 jobs
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    Peugeot's recent announcement about job cuts has caused a number of different reactions. When the French firm previously attempted to shed 6,000 jobs, company CEO Philippe Varin was called to Elysées Palace – the French White House – and then-president Nicolas Sarkozy suggested ...

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