EMCC European Monitoring Centre on Change

PSA

Company/Organisation:
PSA

Geographic Location

Country: Spain
Region: Zaragoza; Aragón; Noreste
Location of affected unit(s): Figueruelas

Company

Sector: Manufacturing
Manufacture of transport equipment
29.10 - Manufacture of motor vehicles
Number Employed: 5790
Group: Groupe PSA

Employment Effects

Announcement Date: 17-02-2020
Planned Job Reductions min: 461
Type of Restructuring: Internal restructuring
Other Job Reduction Measures: 461

Additional Information

French automobile manufacturer PSA Group (formed by Peugeot, Citroën and Opel) announced a new labour force adjustment plan at the Figueruelas plant (Zaragoza), affecting 461 employees born before 1960.

Thus, the firm plans to adjust the workforce through early retirements but without replacements. However, unions are demanding that these early retired employees be replaced. PSA and workers representatives are now negotiating the terms of the adjustment plan. PSA offers an amount equivalent to 18 months of salary for those who leave voluntary and who are 61 years old, and offers 12 months for workers who are older than 62 years old and leave voluntarily.

A previous restructuring affecte the Figueruelas 190 workers took place in July 2019.

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