MADRID – PSA Peugeot Citroen has begun negotiations with Spanish labor unions over a plan to cut production at its Madrid assembly plant, which currently employs 2,800 people. Company sources say flexibility measures allowed under current labor contracts have been exhausted, and more drastic action will be needed to bring production in line with rapidly declining market demand in 2009. Proposals include closing the plant for 45 work days or rotating between shifts. PSA also wants to ...

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