UPDATE 2-Peugeot seeks Sevelnord job cuts, pay freeze -unions

Newswire

* Peugeot tells unions concessions needed to keep plant open * Confirms extension of French worker buyouts and retraining (Adds voluntary redundancy details, context, background) By Laurence Frost and Gilles Guillaume PARIS, May 30 (Reuters) - French automaker 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 at two unions said. The company is opening talks on plans to reduce ...

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