Autocar Renault to axe 7500 jobs

Discussion in 'News Feeds' started by Autocar, Wednesday 16th Jan, 2013.

  1. Autocar Auto-Generated News Feed

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    France forced by sustained downturn in European new car marketRenault is to cut 7500 jobs in France by 2016.
    The announcement comes as Renault seeks to reduce costs as Europe's car market sinks for a sixth straight year in 2013. French car registrations are at their lowest level since 1997.
    The job cuts are expected to include 5700 departures through 'natural turnover', meaning resignations and retirements. The total number to be lost is equivalent to 14 per cent of Renault staff in France.
    However, Renault CEO Carlos Ghosn has confirmed there are to be no plant closures in France.
    The cuts are needed for the company to break even, according to French head of operations Gerard Leclerq.
    "If an agreement is signed with unions, this staff redeployment would require neither a plant closing nor any forced departures," he said.
    Renault employed about 128,000 people worldwide as of the end of 2011.
    The news follows Honda’s announcement that is to cut 800 jobs in the UK due to low demand in European markets.
    R_4003.


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  2. Ichiban Founder Staff Team

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  3. SpeedyGee Administrator Staff Team

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    That sounds like a whole factory !
     
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  4. MickyB Expert Advisor ★ ★ ★ ★ ★

    No one is safe today.

    Look at this week Jessops,HMV now Blockbuster???
     
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  5. Ichiban Founder Staff Team

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    Not to forget Comet last christmas.. we haven't seen the worst yet.

    Toyota and Nissan next?
     
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  6. Beefy Expert Advisor ★ ★ ★ ★ ★

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    ohh yes there will be plentymore to come ime affraid. not good at all!!!
     
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  7. Julianp Club Member ★ ☆ ☆ ☆ ☆

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    At least there should be no forced redundancies this time at Renault, they are planning on managing it through non-replacement of staff through retirement and voluntary departures over a period of 3 years. It has been better received in France than the recent cuts at Peugeot and there is also some talk of using the excess capacity in the Renault plants in France to build more Nissan models for Europe. All the French manufacturers are going through tough times now, but Renault is doing a bit better thanks to the Dacia brand and its alliance with Nissan.
     
  8. Ichiban Founder Staff Team

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    Well Renault have stopped selling the 95% of their range in UK since 2010 IIRC so this was on the cards . Brits did buy once upon a time but not any more.
     
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