Mexican Media Brands
More Jobs Cuts Coming at PSA
PSA Peugeot Citroen aims to eliminate as many as 2,450 jobs in France next year, says Bloomberg News, which cites an internal document.
#workforcedevelopment
Share
PSA Peugeot Citroen aims to eliminate as many as 2,450 jobs in France next year, says Bloomberg News, which cites an internal document.
The reductions would be in addition to the 11,200 jobs PSA is cutting in France this year.
Bloomberg says next year's plan hopes to trim 1,500 automotive jobs by offering eligible workers an early retirement package. The deal would enable them to work part time and collect 70% of their normal pay for two or three years before leaving the company.
PSA hopes to shed another 950 positions by urging workers to start their own businesses or seek jobs with other companies. If they choose to return after two years, PSA pledges to rehire them.
Bloomberg says the document it saw indicates the company also plans to hire 550 new full-time workers in 2015.
RELATED CONTENT
-
Bill Ford Describes Trump Meeting Over Mexico Jobs
Ford Motor Co. Chairman Bill Ford reveals he met with Republican presidential candidate Donald Trump a few months ago to discuss Trump’s “infuriating” comments about the company’s activities in Mexico.
-
Ford Warns of Possible Jobs Cuts in U.K.
Ford Motor Co. says it could reduce its workforce in the U.K. in the wake of the kingdom’s vote last week to leave the EU “if there is clear evidence that action is needed.
-
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