Renault plans to eliminate widespread and under-produced production capacity by about 14,600 jobs in a move to dramatically reduce costs and reduce the global recession auto industry.
The plan includes the politically fragile task of trimming 4,600 positions in France, or about 10% of the carmaker's total in their home country through voluntary retirement and retraining, a statement said accordingly. Predicting a global workforce of around 180,000 people, more than 10,000 jobs would be eliminated in the rest of the world.
