Peugeot-Citroen Cutting 6,000 JobsAs part of a $1.1 billion cost-cutting effort, PSA, the parent enterprise of both Peugeot and Citroen, will shed 6,000 jobs in Europe, with 2,500 white collar jobs, 2,500 contract worker jobs and 1,000 blue collar jobs expected to be cut in 2012. PSA claimed that their car-Generating operations would barely turn a profit in [...] more
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