PSA Peugeot-Citroen is stressing there will be no job losses in plans to close and move its administrative and research site near Paris.
The automaker announced today (22 May) it would move its 660 workers at Meudon-La-Foret and put the site up for sale, but that no staff would be made redundant.
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“There are no job losses, not at all,” a PSA spokeswoman told just-auto from Paris. “Some activities are transferred to other sites, many to Velizy [which] is 2km from Meudon, almost a kind of sub-site, almost on the same road.
“We are moving in order to rationalise our real estate implementations to make savings.”
No details are yet available as to what those savings could be or as to a price PSA could obtain for the factory site, but the move comes hot on the heels of its decisions to sell and lease back its central Paris headquarters for nine years.
The sale – for EUR245.5m (US$317m) will see PSA’s property complex at 69-81 avenue de la Grande Armee – some 700m from the Arc de Triomphe in the French capital – sold to a subsidiary of Ivanhoe Cambridge.
“We are currently discussing these [plans] with the unions,” the PSA spokeswoman added, noting the move would not be before the end of next year.
The automaker met its unions at the Works Council today in Paris to discuss the move which will also see some staff transfer to Poissy.
