PSA Peugeot Citroën
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Type of Restructuring:
Foreseen End Date:
Planned Job Creation:
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.