Published

France Again Summons PSA to Discuss Job Cuts

The French government plans to hold talks on Oct. 25 between its ministry officials, PSA Peugeot Citroen executives and members of the company's union in France.
#workforcedevelopment #labor

Share

The French government plans to hold talks on Oct. 25 between its ministry officials, PSA Peugeot Citroen executives and members of the company's union in France.

CEO Philippe Varin tells reporters that PSA will present the conclusions of an independent report about its financial condition. He says the company also will update government officials on the status of its plans to eliminate 8,000 jobs in France.

But Varin reiterates that restructuring actions are an "internal matter" between management and labor. His remarks followed comments on Sunday by French Industry Minister Arnaud Montebourg, who says he intends to "reduce, reformat and reconsider" the job cuts.

French officials were outraged when PSA announced in July that it aimed to shed jobs and close its assembly plant in Aulnay, France. But they gradually came to accept the job losses as an unfortunate necessity except for Montebourg. A report commissioned by the French government concluded the restructuring is "inevitable."

RELATED CONTENT

  • Shifting Landscape of Technology Is a Never-Ending Education

    Brent Donaldson, Senior Editor, Modern Machine Shop and Additive Manufacturing Magazine discusses how the shifting landscape of technology that all of Gardner’s writers and editors cover is a never-ending education. If we are truly doing our jobs, we will never feel like we’ve mastered them. As I continue writing and reporting for AM and MMS, it’s easy to imagine how these technologies’ interdependency will continue to grow. It also seems clear that this kind of reporting — the kind that requires editors to experience and share new manufacturing technologies and strategies — is the kind of reporting that only Gardner can produce with any depth. I’m grateful to be part of it.

  • GM HR Chief Quits After 8 Months

    General Motors Co.’s chief human resources officer has resigned for “personal reasons” after less than eight months in the position.

  • on Plenty of Things about Volkswagen & Other Topics, Too

    On VW’s Project Trinity, transformation of product development and the interior of the ID.Buzz; new buses of interest; carbon fiber for wheels and accessories (non-automotive); and Aston Martin’s EV battery

Gardner Business Media - Strategic Business Solutions