Renault announces it will cut 15,000 jobs, but will not reduce its capabilities in Latin America

Renault announced that it will cut 8% of its workforce -15,000 people- to face its delicate financial situation, but it will not reduce its production capacities in Spain or Latin America, its interim CEO, Clotilde Delbos explained this Friday.

At a press conference to present the adjustment plan with which the French group expects to reduce its structural costs by 20% in three years, Delbos indicated that the capacity reductions they are preparing will not affect its plants in Spain or those that they have in Latin America (Brazil, Argentina, Colombia and Chile), the EFE agency reported.


The plants in Morocco and Romania will be affected, where the expansion plans are suspended, as well as that of Russia, Turkey, China, South Korea and, above all, France.

In the latter country, no plant will be closed in the short term, but there are three whose future is in the future.

These are those of Dieppe, where the Alpine sports model is assembled (with a very low cadence of 7 units a day), that of Choisy le Roi, whose activity is to be transferred to that of Flins, and that of Fonderie de Bretagne, the subject of “a strategic review”.

Renault will cut its workforce in France by 4,600 people between factories and other facilities, such as its Guyancourt technology center in the Paris region.

What happens in other parts of the world

Outside of France, although there will also be no layoffs, the number of employees will decrease by around 10,000 people, without the company wanting to specify how many in each country. And that figure refers only to those who have fixed contracts, not temporary or interim ones.

Renault has its plant in Córdoba, in Santa Isabel, south of the capital. More details on this plan announced by Renault worldwide are awaited for the next days.

The French group has more than 9,000 workers in Mexico, Brazil, Argentina, Colombia and Chile. What is not yet known is what will be the impact of this decision on the workers of the five factories that it maintains operating, although with suspensions, in the region, where it sold 424,537 vehicles last year, 2.9% less than a year before.

Written by Argentina News

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