RENAULT ANNOUNCES CUTTING OFF 15,000 JOBS WORLDWIDE

Highlights –

• As a cost-cut plan due to pandemic, Renault to cut 15,000 jobs worldwide.
• Around 4,600 jobs will go to France.   
• Six plants are under review for possible cuts and closure.
• The French firm plans to trim its global production capacity.

Due to the ongoing pandemic and plunge in its sales, Renault is cutting 15,000 jobs worldwide as....