Also 15% less HR and marketing
Renault is considering scrapping up to 3000 jobs worldwide. The French news site L’Oinste has reported this. The recently appointed CEO François Provost wants to lower the fixed costs and there would be a plan to reduce the number of jobs in supporting functions, such as HR and Marketing, by 15 percent.
Renault against the Bloomberg news agency that the company could not share numbers because no decision had been made. However, the company confirms “to investigate ways to simplify, accelerate implementation and to optimize our fixed costs”. Last summer the car concerner had adjusted its profit forecast for this year down. Renault is struggling with a moderate demand in Europe, increasing trade tensions and strong competition from Chinese manufacturers such as BYD.
Also 15% Less HR and Marketing
Renault is Considering Cutting Up to 3000 Jobs Worldwide. This was reported by the French news site l’informé. The recent Appointed CEO François Provost Wants To Reduce Fixed Costs and There is a Plan to Reduce the Number of Jobs in Supporting Functions, Such as HR and Marketing, by 15 percent.
Renault Told News Agency Bloomberg That the Company Could Not Share Any Numbers because No Decision had Been Made. However, the Company Confirms That It is “Exploring Ways to Simplify, Accelerate Execution and Optimize Our Fixed Costs”. Last Summer, The Car Company Lowered its profit forecast for this year. Renault is Struggling with Weak Demand in Europe, Increasing Trade Tensions and Strong Competition from Chinese Manufacturers Such As Byd.