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Renault laying off 15,000 worker
#1
Renault plannig to cut 15.000 jobs worlwide in order to cut the expenses after experiencing sales drop.
"The plan is plain" said the temporary boss Clotilde Delbos(CHIEF EXECUTIVE OFFICER OF RENAULT SA FOR AN INTERIM PERIOD, 
EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER OF GROUPE RENAULT AND CHAIRMAN OF THE BOARD OF DIRECTORS OF RCI BANQUE)

4.600 jobs will  go in France and authorities said that 6 plants are under examination of cuts and closure.

[Image: rnIG8T.jpg]
Renault played down reports it could move some production to the United Kingdom plant run by its strategic partner Nissan.
You shouldn't believe everything you read in the newspapers," Ms Delbos said. "All you've seen in the newspapers are but rumours."

On Thursday, Nissan unveiled huge job layoffs and the closure of the factory in Barcelona. The UK plant,located in Sunderland, would remain open, the Japanese company indicated.t

Renault, 15% owned by the French state and is in talks with the government about an €8bn credit, has begun negotiations with unions about which factories could shut.

Lets us know what you thinking about the rumours ? Looks like Renault Group has shaken firmly during the outbreak especially(and naturally) in France. They are expecting to take 8bn credit from the state to stand still.The grant will be enacted next week according to the news.
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