Type
Business expansion
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

7,000 jobs
Number of planned job creations
Job creation
Announcement Date
29 March 2004
Employment effect (start)
Foreseen end date
1 December 2004

Description

PSA Peugeot Citroën will recruit 7,000 employees during 2004. In 2003 the group hired 4,400 people. These recruitment initiatives will compensate the pre-retirement schemes begun in 1999, and prepare the company to reach its sales objective of 4 million cars per year in 2006. In the UK, the group has recently cut 600 jobs in Ryton.


Sources

  • 30 March 2004: Le Monde

Citation

Eurofound (2004), PSA Peugeot Citroën, Business expansion in France, factsheet number 59046, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59046.