French carmaker Renault plans to eliminate nearly 15,000 jobs worldwide amid pandemic

French carmaker Renault plans to eliminate nearly 15,000 jobs worldwide amid pandemic
  • Clock-gray 11:38
  • calendar-gray 29 May 2020

French carmaker Renault has announced nearly 15,000 job losses globally, including 4,600 in France in a two-billion-euro, three-year cost-cutting plan, APA reports citing Sputnik.

"This plan is essential," CEO Clotilde Delbos said in a statement.

Renault doesn't plan to force the dismissal of employees. The reduction of jobs will be carried out gradually through voluntary dismissal, or by retraining or transferring to other positions within the company.

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