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We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot | Reuters
By Alexander Migl - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=77128206

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot | Reuters

One company, Renault has had to retract its previous procedures and statements after they called their global ambitions unrealistic. They are now striving for a more sustainable and profitable company rather than being “top of the podium” according to their interim Chief Executive Clotidle Delbos. The company has planned to cut 15k jobs and shrink their overall production.

Source: https://www.reuters.com/article/us-renault-france-strategy/we-thought-too-big-renault-says-as-it-axes-15000-jobs-in-cost-cutting-reboot-idUSKBN2350K0

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