Renault is slashing its workforce, other carmakers may follow

: About 8 million people around the world earn their living making cars and trucks. It’s becoming clearer that not all of them will come out of the pandemic with jobs. French carmaker Renault announced an emergency cost cutting plan Friday that is likely to serve as a grim template for an industry that was in deep trouble even before the coronavirus brought sales nearly to a standstill. Renault said it would cut nearly 15,000 jobs worldwide, or about 8% of its workforce, and pull out of China. The...