Peugeot wins majority union backing for cuts plan

French carmaker PSA Peugeot Citroen won majority union support for restructuring plans on Monday, as protesting workers clashed with police in front of its Paris headquarters.

Four of Peugeot’s six unions approved the measures, which include thousands of job cuts and a factory closure, and a fifth grouping is expected to sign the agreement, the struggling carmaker and workers’ representatives said.

The works council backed the restructuring plan by 15 votes to four, with one abstention.

via Business feed http://www.scmp.com/business/companies/article/1194408/peugeot-wins-majority-union-backing-cuts-plan