Today 09/27/2016 - 10:42:20 AM
Peugeot SA 13.285€
CAC 40 4,421.12 PTS
Interim results and partial continuation of the jobs and capabilities redeployment plan
On 2 December 2008, a jobs and capabilities redeployment plan was presented to the PSA Peugeot Citroën Central Works Council against a backdrop of global economic crisis and plummeting demand in the automobile market. The plan called for measures to align nonproduction staff with business levels through voluntary internal transfers and outplacements based on the previously negotiated human resources planning and development agreement.
In light of the number of persons enrolled—nearly 2,530 for non-production staff—the job and capabilities redeployment plan will end on 30 June for several job categories, sites and skills sets. The plan will continue, however, until 31 March 2010 for others, including skilled workers and personnel at the Rennes facility, which has been hard hit by the collapse in demand for executive range models.
At the same time, internal transfers will continue to be encouraged. Close to 10% of the workforce (and 22% of managers) have been transferred in the past 12 months. In the first four months of 2009, slightly more than 600 inter-site transfers were recorded.
The Central Works Council issued a favourable opinion concerning the manner in which the current job and capabilities redeployment plan is being applied. The Council considered the method was well chosen, that the measures taken in response to the crisis were responsible (notably training for shorttime workers) and that appropriate efforts had been made to maintain social cohesion.