Renault to cut 14,600 jobs as part of €2bn cost-saving plan

Posted by on May 29, 2020 3:40 am
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Categories: Global Stories

Restructuring by French carmaker comes as Covid-19 crisis hits manufacturing

The French carmaker Renault plans to cut 14,600 jobs as it aims to save €2bn (£1.8bn) in one of the deepest restructuring programmes prompted by the coronavirus pandemic across the global car industry.

Renault will cut 4,600 jobs in its French operations, which will undergo a major reorganisation, and another 10,000 around the world.

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