A union official says PSA Peugeot Citroen is planning to cut 5,000 jobs in its home country — France. That would be more layoffs than previously proposed.
The information emerged during a works council meeting with the carmaker’s management at Peugeot’s central Paris headquarters as workers demonstrated outside.
Jean-Pierre Mercier, union representative at Peugeot’s factory in the Paris suburb of Seine-Saint Denis said they have been told 1,900 French manufacturing jobs would go and just over 3,100 in area like sales, information technology and research and development.
“The group’s international development can’t be carried out by cutting our jobs here given that we’re the ones who created PSA’s wealth,” Mercier said.
One of the demonstrating workers complained: “It’s more than just the crisis. Peugeot will do what Renault has done, make cars abroad and then import them back here. Now they want to outsource and in the long run, in four to five years, it could be 20 percent manufacturing in France and 80 percent in the rest of the world.”
Peugeot insists there will be no redundancies and it wants to save 800 million euros with the cuts.
Last month it warned its core car manufacturing business would barely make money this year and announced over 6,500 layoffs across Europe, by the end of next year.