#Coronavirus Business Report: Renault is cutting 15,000 jobs worldwide as part of a €2bn (£1.8b n) cost-cutting plan after seeing sales plunge because of the #coronavirus #pandemic according to BBC Busine ss News

“The company said it would slash costs by cutting the number of subcontractors in areas such as engineering, reducing the number of components it uses, freezing expansion plans in Romania and Morocco and shrinking gearbox manufacturing worldwide.”

Published: May.29: 2020: https://www.bbc.co.uk/news/business-52845849

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