France risks losing nearly a third of its automotive jobs by the end of the decade in the accelerating transition to electric vehicles that’s making many suppliers obsolete, according to a new study that its author said could apply to other European countries.
The French auto industry -- home of the Peugeot, Citroen and Renault car brands -- will shed between 15% and 30% of staff, AlixPartners said in a report. Under one scenario of how quickly EVs will take hold, this would mean as many as 52,000 job losses.
French Auto Workforce Could Shrink 30% in Shift to Electric Cars - Bloomberg
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