Today 09/29/2016 - 05:38:00 PM
Peugeot SA 13.445€
CAC 40 4,443.84 PTS
PSA Peugeot Citroën today opened a cycle of negotiations with all employee representatives to define solutions that will help to turn the company around and enable it to maintain its strong foundations in France.
At this first meeting, Philippe Varin, Chairman of the Managing Board, presented the three objectives of the new social contract:
"The negotiations we're launching today are not about a simple competitiveness agreement," said Philippe Dorge, Executive Vice President, Human Resources, at the meeting. "They're about an innovative social strategy that aims to engage employees more fully in our corporate vision and projects. This new approach also aims to jointly define the levers that support the Group's turnaround and competitiveness to ensure that we maintain our solid foundations in France. The purpose is also to renew social dialogue so that we can anticipate transformation programmes while seeking to secure jobs and skills. At the end of this cycle of meetings, which will extend from June to October, we hope to obtain a broad consensus behind the new social contract. That's because PSA Peugeot Citroën is our common heritage, a history and a shared future that extends beyond the Group's borders."