FRANCE: Fiat chief does not rule out more job cuts - report
Fiat Auto chief executive Giancarlo Boschetti would not rule out further job cuts, saying the firm was struggling with excess capacity of 20 to 30% while working to maintain its product investment spending, Reuters reported. "Our cost structure is not ideal...we are in the midst of a massive cost reduction programme," Boschetti said at a conference ahead of the Paris motor show, Reuters said.
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