Job cuts

Lotus plans to cut up to 325 jobs to reduce losses

Sept. 18, 2014 18:41 CET
UK sports car maker Lotus said it plans to cut as many as 325 jobs, a quarter of its workforce, as it seeks to reduce losses....
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PSA to cut jobs and output at French plant, unions say

Sept. 1, 2014 23:08 CET
PSA will cut 300 jobs as it reduces output at its factory in Sochaux, eastern France, starting in November, trade union officials said....
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AvtoVAZ to cut workforce by 45%, report says

Aug. 29, 2014 12:22 CET
AvtoVAZ plans to reduce staff numbers by 25,000, finance head Evgeny Belinin told a French newspaper. AvtoVAZ, controlled by the Renault-Nissan alliance, is also cutting Lada production and freezing vehicle prices....
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AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Aug. 27, 2014 10:54 CET
AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer of Lada vehicles since the end of the Soviet Union....
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Bosch will cut 400 jobs at Belgian windshield wiper plant

June 26, 2014 17:28 CET
Bosch will cut up to 400 jobs, or about a third of the work force at a windshield wiper factory in Tienen, Belgium....
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PSA seeks 500 job cuts at French plant

June 25, 2014 16:27 CET
PSA will offer workers at its plant in Rennes, France, early retirement benefits to reduce headcount at the site by about 10 percent. PSA builds the Peugeot 508 and Citroen C5 in Rennes....
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Honda cuts UK car output on weak growth outlook

March 25, 2014 16:50 CET
Honda will cut 340 jobs at its UK factory and reduce production to two shifts from three. The company said it does not expect sales to rebound in Europe in the next couple of years....
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New PSA boss Tavares eyes further cost cuts

March 3, 2014 21:32 CET
PSA/Peugeot-Citroen may seek more cost savings and does not rule out capacity cuts in France after 2016 if they are needed to turn the struggling carmaker around, new CEO Carlos Tavares said....
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PSA widens French work force cutbacks

Jan. 28, 2014 12:31 CET
PSA aims to widen its planned work force cutbacks beyond 11,200 jobs in France by offering early retirement packages to encourage an additional 3,500 employees to leave by 2016....
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SGL says up to 300 jobs affected by cost-cutting program

Dec. 12, 2013 06:01 CET
German carbon fiber specialist SGL Group said that its global work force will be reduced by up to 300 jobs as part of a cost-cutting program....
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PSA IN CRISIS: SPECIAL REPORT

PSA versus Ford in a tale of two layoffs

Dec. 4, 2013 15:00 CET
Both PSA and Ford have cut their output and work forces in a bid to restructure their businesses. But the way they have gone about it highlights the fundamental contrasts between running a business in the United States and France....
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