The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.10 - Manufacture of motor vehicles
100 jobs Number of planned job creations
Announcement Date
4 January 2019
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019
Description
The car manufacturer PSA Peugeot Citroën has announced the recruitment of 100 employees at its Vesoul site (Haute-Saône). This site is specialised in the preparation of spare parts worldwide and it is being affected by the manufacturer's disengagement from Iran.
PSA Peugeot Citroën has begun a reorganisation of the site with a new work organisation. Since 1 September 2018, the weekly working time has been increased from 35 hours to 37 hours and 45 minutes. A 7.8% increase that resulted in a 3.1% increase in compensation and the hiring of 30 people (10% of the 300 temporary workers), while PSA will invest an additional €10 million in Vesoul to manufacture parts for PHEV (plug-in hybrid electric vehicle) vehicles. This project will enable the recruitment of 100 people in 2019.
Eurofound (2019), Peugeot Citroën Automobile SA, Business expansion in France, factsheet number 96597, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96597.
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