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Peugeot SA Plans to Eliminate 1,500 More French Jobs by 2014-Reuters

Monday, 10 Dec 2012 07:00pm EST 

Reuters reported that Peugeot SA will eliminate an additional 1,500 French jobs by 2014, on top of the previously announced 8,000 layoffs, the French car maker told trade union representatives. The job reductions will be achieved through non-replacement of workers who will be leaving the company or retiring rather than compulsory redundancies. 

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