FRANCE: Appeal Court Faurecia ruling potentially throws cat among PSA pigeons
By Simon Warburton | 29 January 2013
Faurecia is to immediately start negotiations with its Works Council on PSA Peugeot Citroen's restructuring plan that is looking to axe up to 8,000 jobs.
The French supplier is reacting to the the Paris Court of Appeal's ruling its Faurecia Interieur Industrie (FII) division must consult with its labour body on the "eventual consequences" of its reorganisation.
A statement sent to just-auto by Faurecia in Paris notes: "The Court of Appeal, in its ruling of 28 January, considers FII must put into place an information/consultation procedure with its Works Council on the eventual consequences, for itself, of PSA's restructuring plan, before implementing the reorganisation.
"As a result, Faurecia Interieur Industrie will start this consultation immediately."
PSA says it "takes note" of the Court's judgement, but that: "The information/consultation process concerning PSA's restructuring is not therefore suspended, let alone cancelled."
PSA has a 57.4% stake in Faurecia.
The CGT union was not immediately available for comment following the Appeal Court's ruling and after days of industrial unrest, which has seen it join forces with Renault workers protesting against a similar job cuts package.
Sectors: Components, Service suppliers/supply chain, Vehicle manufacturers, Vehicle manufacturing
Companies: Faurecia, PSA, Peugeot, Citroen, Renault
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FRANCE: Appeal Court Faurecia ruling potentially throws cat among PSA pigeons
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