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peugeot cuts

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    Report: Peugeot to axe 1,500 more jobs as Euro sales funk deepens

    Peugeot has announced it will cut 1,500 jobs by 2014 as the European Union economy continues to falter. Bloomberg reports the layoffs join a further 8,000 announced back in July, and will be made by simply not replacing workers who leave. All told, the French automaker wants to slash its current ...


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