Peugeot Citroen LayoffsFrance biggest carmaker Peugeot Citroen has announced that it will layoff 11000 jobs in 2009. The 11000 jobs will be eliminated starting with European plants outside France. Peugeot Citroen had already cut 2700 jobs at the end of 2008. French President Nicolas Sarkozy had recently unveiled a three-billion-euro (£2.7bn; $3.9bn) loan for the company. Mr Sarkozy's loan to Peugeot Citroen and Renault is dependent on assurances they will not shut French plants or cut French jobs.