France's biggest carmaker Peugeot Citroen has stunned the country by announcing 8,000 job cuts and the closure of an assembly plant near Paris.<br /><br />Unions have described the news as a "declaration of war" and an "earthquake". But bosses say the restructuring plan is the only way to safeguard the firm's future as it struggles with mounting losses. <br /><br />...<br />http://www.euronews.net/
