Layoff News: Carmaker Renault Plans to Cut 3,000 Jobs Through Voluntary Redundancy Offer, Says Report

Layoff News: Carmaker Renault plans to cut 3,000 jobs through voluntary redundancy offer, says report

Renault plans to lay off 3,000 employees globally through a voluntary redundancy program as part of its cost-saving initiative. The decision is expected by year-end, following significant financial losses and increasing competition in the automotive market.

Renault weighing up to 3,000 job cuts (RNSDF:OTCMKTS)

Renault (RNSDF) stock is in focus as the company plans up to 3,000 job cuts globally under a restructuring program called Arrow. Read more here.

Renault plans to cut 3,000 jobs in support functions, French newsletter reports

PARIS (Reuters) -French carmaker Renault plans to cut 3,000 jobs through a voluntary redundancy offer for staff in support functions, French newsletter L’Informe reported on Saturday. Under a cost savings plan dubbed “Arrow”, Renault wants to cut staff numbers in support services such as human resources, finance and marketing by 15%, which is expected to lead to about 3,000 job cuts at the carmaker’s headquarters in the Paris suburb of Boulogne-…

Renault considering cutting up to 3,000 jobs, l’Informe reports

Renault SA considers cutting 3,000 jobs worldwide, focusing on support services to optimize fixed costs.

Renault weighs sacking up to 3,000 employees worldwide: Report

French carmaker Renault is considering plans for job reductions. Reports suggest up to 3,000 positions could be cut globally. This includes a 15 percent reduction in support services like HR and finance. Renault stated no final decision has been made. The company aims to simplify operations and optimize fixed costs. This move could impact employees worldwide.