Keyword: job losses
Leaked internal documents cited by French radio indicate the French carmaking giant, which has recovered from near bankruptcy in 2013, is planning to shed 2,133 jobs through voluntary agreements because of uncertainty over Brexit and falling sales of diesel vehicles.
Job cuts in 2016 will be voluntary and heavier job losses in 2017 will be avoided if unions agree alternative savings measures, says airline CEO.
The troubled French carmaker has drawn up plans to shed up to 3,450 jobs in France next year through reassignements and early retirement.
The job cuts are due by 2019 and follow the shedding, ordered five years ago, of another 55,000, while defence policy broadly remains unchanged.
US tyre maker Goodyear is to close a loss-making plant in northern France, which employs 1,173 workers, following a long conflict with unions.
The French government plans a 7 billion-euro credit for PSA Peugeot Citroën, conditional to increased state board represention and fewer job losses.