Monday, October 17, 2016

PSA could remove more than 2,000 posts in France in 2017 – Boursorama

The CEO of PSA, Carlos Tavaers June 20, 2016 in Chartres-de-Bretagne, Ille-et-Vilaine. ( AFP / DAMIEN MEYER )

The CEO of PSA, Carlos Tavaers June 20, 2016 in Chartres-de-Bretagne, Ille-et-Vilaine. ( AFP / DAMIEN MEYER )

“This company was on the brink of extinction a few years ago has beautifully rebounded”, rejoiced the end of July the president of the management board of the group PSA Peugeot-Citroen Carlos Tavares at the publication of its half-year results. The French manufacturer had a “record profitability”, a doubling of its first-half net profit to 1.21 billion euros. The automotive group achieved an operating margin of 6.8% for its automotive division, exceeding the target of 4% over the period 2016-2018 set by its five-year strategic plan published in April, “Push to pass”.

so far, the management would remove 2.133 positions by 2017 in its French factories says this morning (Monday, October 17, several media outlets, including the AFP, which are based on internal documents. The group does not provide for compulsory redundancies : it would be of 1.025 voluntary departures not replaced, to which must be added 983 leave older workers, early retirement for workers older, as well as 125 leave long-term.

PRESSURES

“voluntary departures are less and less volunteers,” lamented, however, the delegate CGT Jean-Pierre Mercier this morning (Monday) at the microphone of France Info, citing “pressures of increasingly large to push the employees.” “This is the fourth plan of 2.133 job cuts in the form of early retirement and departures of less volunteers is unacceptable and totally unjustified”, has also responded to the trade union organization on Monday in a press release. This plan “is in full complicity with the government,” denounces it. The State is a shareholder of PSA to the tune of 14%.

On the bottom of Brexit and falling sales of diesel vehicles, it is necessary to address the future “with caution”, explained the executive in its documents. The hunt “diesel” threat “to impact severely on the job” in the automotive industry and in particular in PSA, where “the 18,000 european jobs depend on it” with this type of engine, worried also last week, the trade union FO of the French constructor.

No indication is given regarding the recruitment according to the document consulted. The builder pointed out, however, the goal of 1,000 hires on permanent contracts by the end of 2019, set in the three-year agreement concluded in July with the majority unions. PSA wishes to new, like this year, bring “more than 2,000 young people in the workplace via apprenticeships, professional training contracts or internships. The group Carlos Tavares also provides for “measures of internal mobility for more than 6,000 employees”, or an “equivalent level to previous years”, with a particular effort on training. The company believes that its policy of adjusting the workforce to bear fruit. For proof, according to it, 63% of the personnel occupied in June of professions “in the balance” (where the skills are aligned with the needs), compared to 58% a year earlier.

If the information was confirmed, these deletions, which should be at the heart of a central works council (CEC) extraordinary Monday afternoon, according to France Info, in addition to a 17,000 positions removed from 2013 and the closure of the site of Aulnay-sous-Bois.

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