#8 Peugeot may cut 1,300 jobs in French plant as 307 sales dip - union
SOCHAUX, France (AFX) -Peugeot SA (Paris: FR0000121501 - news) may cut 1,300 workers at its Sochaux plant in Eastern France because of a dip in sales of its 307 medium-sized car, the CGT union said. Plant management declined to comment on the union's claim that it is planning to cut workers on fixed-term and temporary contracts.
Such workers make up 1,400 of the plant's overall 14,000 employees. 'Management have a plan which aims to eliminate one assembly team during the second quarter of 2006,' the CGT said in a statement. COPYRIGHT Copyright AFX News Limited 2005.
More bad news involving automobiles. |
The Belgian government's crisis centre confirmed on Tuesday night vandals had set cars ablaze in the cities of Antwerp, Ghent and Brussels. It is the third night in succession that cars have been torched, but a spokesman for the national crisis centre said each case was an "isolated" incident."There were no injuries and there was no certainly no gathering [of youths]. The culprits cannot yet be found," spokesman Fernand Koekelberg said. "We hoped that [the initial incidents on Sunday night] were isolated cases, but apparently it's continuing," police spokesman Albert Roossens said earlier on Tuesday.