Renault Targets €2bn In Savings, To Slash 15,000 Jobs

(EurActiv) — Carmaker Renault said Friday (29 May) that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

The company will target savings of more than €2 billion over three years and turn its focus to electric...