AUTOMOTIVE
Renault is cutting 15,000 jobs worldwide as part of a €2bn (£1.8bn) cost-cutting plan after seeing sales plunge because of the virus pandemic.
"This plan is essential," said interim boss Clotilde Delbos, who announced cuts in production to focus on more profitable car models.
Some 4,600 job cuts will be in France, and the firm said on Friday that it had begun talks with unions.
On Thursday, Renault's strategic partner Nissan unveiled huge job cuts.
Renault, 15% owned by the French state, said six sites ...
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