Peugeot to Cut 1,500 Jobs as Europe Sales Plunge

PSA Peugeot Citroen, Europe’s second-largest carmaker, will eliminate an additional 1,500 jobs by 2014, deepening its workforce reduction as auto sales in the region plunge to a 17-year low.
JPMorgan May Fire Thousands
27:08 - Gluskin Sheff & Associates Chief Economist and Strategist David Rosenberg discusses JPMorgan job cuts. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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