Peugeot seeks Sevelnord job cuts, pay freeze-unions

Newswire

By Laurence Frost and Gilles Guillaume PARIS, May 30 (Reuters) - PSA Peugeot Citroen has asked workers at its Sevelnord plant to agree to a pay freeze, hundreds of job cuts and other concessions or face possible closure, officials with two unions said. The French automaker is opening talks on plans to reduce the threatened plant's 2,700-strong workforce, freeze salaries for at least three years, reduce leave and impose more flexible hours, CGT and CGC union representatives told ...

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