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France's biggest carmaker, Peugeot Citroen, has announced it will slash more than 11,000 jobs in 2009, starting with European plants outside France. The news comes just days after French President Nicolas Sarkozy unveiled a three-billion-euro (£2.7bn; $3.9bn)loan for the company.
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France's biggest carmaker, Peugeot Citroen, has announced it will slash more than 11,000 jobs in 2009, starting with European plants outside France. The news comes just days after French President Nicolas Sarkozy unveiled a three-billion-euro (£2.7bn; $3.9bn)loan for the company.