
Last summer, PSA Peugeot Citroen announced that it would close its Aulnay plant near Paris and slash 8,000 jobs in a cost-cutting effort to minimize its losses, which were �819 million (US$990 million) in the first month of 2012 alone.
Today, 300 of its workers belonging to the CGT, one of France�s more radical unions, went on strike at said plant. They may account for just 10 percent of the factory's 3,000-strong workforce, but they were able to �paralyze� the facility as most of them worked on production.
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