PSA Peugeot Citroen to cut 2,700 jobs

LONDON (MarketWatch) — French automaker PSA Peugeot Citroen said it’s cutting 2,700 jobs through voluntary departures. The job cuts come after a “violent drop in volumes” and the car maker says European car sales will drop by around 10% in 2009.
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Original post by Forextvblog

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