Peugeot cuts 8,000 jobs to end losses, shuts plant | Reuters

Peugeot cuts 8,000 jobs to end losses, shuts plant | Reuters: (Reuters) - "French automaker PSA Peugeot Citroen announced 8,000 job cuts and a plant closure as it struggles with mounting losses, in a move that could spark more restructuring and political tension in austerity-strapped Europe."