Renault To Cut 14,600 Jobs; Halt Projects In Romania, Morocco As Part Of Cost-Saving Plan

05.29.2020 By Ecaterina Craciun

French carmaker Renault has unveiled plans to reduce its fixed costs by over EUR2 billion during a tree-year period, which target, among others, to suspend projects in Romania and Morocco, axe almost 4,600 positions in France and scrap over 10,000 jobs in the rest of the world.



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