longbrained
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Peugeot factory hit by Iran sanctions fallout
http://www.google.com/hostednews/af...docId=CNG.ece3e53648ded978749d9b29e939c905.c1
PARIS — Operations at a Peugeot auto plant in northeastern France have been suspended until at least September because of the lack of spare parts from Iran, union officials said on Thursday.
"There is a tentative plan to resume activity and shipments in September," CFTC union official Franck Don told AFP after a work's council meeting.
Management from PSA Peugeot Citroen last week put 220 employees at its Vesoul factory in partial redundancy for the month of April due to a slowdown caused by blocked shipments from Iran.
This latest decision will require redeploying another 300 workers and the axeing of 300 part-time jobs, a CGT union source said.
PSA Peugeot Citroen halted activity with Iran on February 20 when economic sanctions against the Islamic Republic for its nuclear programme came into effect.
http://www.google.com/hostednews/af...docId=CNG.ece3e53648ded978749d9b29e939c905.c1
PARIS — Operations at a Peugeot auto plant in northeastern France have been suspended until at least September because of the lack of spare parts from Iran, union officials said on Thursday.
"There is a tentative plan to resume activity and shipments in September," CFTC union official Franck Don told AFP after a work's council meeting.
Management from PSA Peugeot Citroen last week put 220 employees at its Vesoul factory in partial redundancy for the month of April due to a slowdown caused by blocked shipments from Iran.
This latest decision will require redeploying another 300 workers and the axeing of 300 part-time jobs, a CGT union source said.
PSA Peugeot Citroen halted activity with Iran on February 20 when economic sanctions against the Islamic Republic for its nuclear programme came into effect.
