Renault weighs sacking up to 3,000 employees worldwide: Report

News Snapshot:

Synopsis French carmaker Renault is considering plans for job reductions. Reports suggest up to 3,000 positions could be cut globally. This includes a 15 percent reduction in support services like HR and finance. Renault stated no final decision has been made. The company aims to simplify operations and optimize fixed costs. This move could impact employees worldwide. French carmaker Renault SA is weighing plans that could lead to as many as 3,000 job cuts worldwide, the French news site l’Informe has reported. According to Agence France-Presse, which cited the report, the plan would reduce positions in support services — including...