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.
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35:26 - Morgan Stanley Investment Management's Ruchir Sharma discusses the U.S. and global economy, and weighs in on Fed policy. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)