https://www.reuters.com/article/us-renault-france-strategy-idUSKBN2350K0

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FILE PHOTO: An employee walks past a logo of Renault carmaker at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane Mahe. PARIS (Reuters) - Carmaker Renault ( RENA.PA ) said on Friday it was launching talks with unions to restructure some French plants and potentially close others as it confirmed plans to cut around 15,000 jobs worldwide to ride out a slump in sales. Faced with a downturn in demand that has been exacerbated by the coronavirus crisis, Renault is aiming to find 2 billion euros ($2.22 billion) in savings over the next three years as it shrinks production and hones in on more profitable models. Renault said the restructuring measures, including the job cuts and emp... Full story

29 May

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