Renault Plans to Cut 3,000 Jobs Under Cost-Saving Initiative

French automaker Renault is preparing to cut around 3,000 jobs globally through a voluntary redundancy programme targeting support functions, according to French newsletter L’Informe. The job cuts are part of a cost-saving initiative called “Arrow,” under which Renault aims to reduce staff in departments such as human resources, finance, and marketing by 15%. The reduction […]

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