Peugeot announces massive layoffs

Peugeot announces massive layoffs

France's largest carmaker, Peugeot Citroen, has announced it is cutting 8,000 jobs. br br 3,000 will go as a result of the closure of a car plant near Paris - the first to shut in France for 20 years. br br It's a blow for new President Francois Hollande's jobs and growth agenda, as Simon McGregor-Wood reports from Paris.


User: Al Jazeera English

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Uploaded: 2012-07-13

Duration: 02:29

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