Arab Today, arab today peugeot decries government criticism
Last Updated : GMT 08:44:49
Arab Today, arab today
Arab Today, arab today

Peugeot decries government criticism

Arab Today, arab today

Arab Today, arab today Peugeot decries government criticism

Paris - UPI

The chairman of Peugeot said government criticism of the French automaker\'s restructuring plans are affecting investor confidence in the company. \"We are ready to accept criticism, but there are limits. ... The attacks the company is currently facing have an immediate effect on [investor] perception,\" said Chairman Thierry Peugeot. \"This is a dangerous situation,\" he said. Peugeot has announced plans to cut 8,000 jobs, which flies in the face of the country\'s new socialist president\'s pledge to revitalize industry in France. The government may announce a plan for intervention next week, the British Broadcasting Corp. reported Saturday. In the meantime, however, Peugeot said the job cuts were painful, but necessary given the slumping European economy. \"We are well aware of the seriousness of the plan to cut 8,000 jobs. These measures are painful. I understand they can cause shock within the company, the government and the whole of the country,\" he said. He also said the company \"cannot stand by and do nothing,\" as the economy falters. He added that the carmaker was \"forced to adapt\" to falling European sales.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today peugeot decries government criticism Arab Today, arab today peugeot decries government criticism

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today peugeot decries government criticism Arab Today, arab today peugeot decries government criticism

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday