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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 ā€œtop of the podiumā€ 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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