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Court Ruling Delays Peugeot Job Cuts -- Finspreads

January 29, 2013

LONDON--(Marketwire - Jan 29, 2013) - Finspreads: A French court has order the suspension of restructuring plans by car manufacturer Peugeot Citroen, claiming the company had not adequately consulted employees. The plans, which could see the loss of 8,000 jobs and the closure of the factory in Paris, have been the source of much controversy in France.

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