Posted inFrance

Renault to cut 15,000 jobs

Carmaker Renault said Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis. The company will target savings of more than two billion euros ($2.2 billion) over three years and turn its focus to electric […]