Renault to announce 15,000 layoffs, union says

(VINCENT KESSLER/REUTERS)

R

By:

Reuters

May 28, 2020 08:59 PM

PARIS -- Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with faltering sales, a representative for the CFDT union said after meeting with the company.

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