Renault considers 3,000 job cuts under cost-saving plan, eyes efficiency in support functions: Report
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French automaker Renault intends to shed approximately 3,000 jobs, about 15% of its headquarters staff, via a voluntary redundancy scheme for support functions. This "Arrow" cost-cutting drive follows a substantial first-half net loss and aims to simplify operations amidst intense market competition. Renault confirms exploring measures to optimize fixed costs and speed up execution. What's Your Reaction?
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