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Peugeot Citroen drops CEO Streiff

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posted on Mar, 29 2009 @ 06:54 PM
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Peugeot Citroen drops CEO Streiff


news.bbc.co.uk

France's biggest carmaker, Peugeot Citroen, has sacked its chairman weeks after it announced huge losses and a massive programme of job cuts.

The firm said it had removed Christian Streiff because of the "extraordinary difficulties" the motor industry faces.

The firm, Europe's second-biggest car maker, reported an unexpected 2008 net loss of 343m euros after its sales slumped.

It plans to cut more than 11,000 jobs this year.
(visit the link for the full news article)



posted on Mar, 29 2009 @ 06:54 PM
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When will they learn to just let them die?

Why flog a dead horse?

Why are we wasting our time with this folly?

Can somebody please give these 11,000 workers something beneficial to do for humanity and themselves instead of them ending up in a protest march for more jobs after this company gets the loan...

Is there nothing we can do to stop this cycle?
I'm sickened and saddened by the amount of people out of work, homeless, hungry and of those about to be made so...

Can't everyone just stand up on one day and say 'no more'.. and bring the system to a stop?

news.bbc.co.uk
(visit the link for the full news article)



 
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