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The French car company Renault plans to cut almost 15,000 jobs worldwide. Around 4600 of these jobs are in France. But the unions still have a say.
The ailing French car maker Renault plans to reorganize several plants and cut around 15,000 jobs worldwide. Negotiations on this had started with the unions, the company said.
An agreement with the trade unions on the future of jobs in France is a prerequisite for Renault to receive the government-sponsored loan of five billion euros in the fight against the consequences of the Corona crisis. 4600 jobs in France would be affected by the planned job cuts worldwide.
The restructuring should save two billion euros over the next three years. With this, Renault confirmed previously published plans. Production should be throttled and concentrated on more profitable models.
The conversion will cost the group 1.2 billion euros. A total of ten percent of the global workforce is affected by downsizing, transfers and pension plans.
Renault partner Nissan had already presented its restructuring plans on Thursday. The alliance, which also includes the Japanese car maker Mitsubishi, wants to move closer together to survive the crisis.
To this end, the partners had announced that they would share their cooperation worldwide and coordinate better. Accordingly, one partner should take the lead in a region and in the development of a vehicle type or technology and the others should follow it. This should also reduce costs.
