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.



To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

 
Keywords:
Renault
, job cuts
, projects