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Thursday, July 12, 2012

Peugeot to Shut Plant to Raise Job Cuts to 14,000 Posts - Bloomberg

Peugeot to Shut Plant to Raise Job Cuts to 14,000 Posts - Bloomberg

"PSA Peugeot Citroen (UG), Europe’s second-biggest carmaker, will close the first auto factory in France in 30 years and eliminate 14,000 jobs in an effort to stem widening operating losses."

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