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Renault to Reduce Global Engineering Team
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3 Articles
The group announced its intention to reduce its engineering staff from 15 to 20 per cent by 2028. Under the influence of Chinese processes, the manufacturer is rethinking its way of developing cars and partly turning the page of the "low-cost" and Dacia.
Renault to reduce global engineering team
Renault Group is planning to reduce its global engineering workforce by 15–20% over the next two years, according to media reports citing a company spokesperson. The measure could affect up to 2,400 employees. According to the restructuring strategy led by CEO François Provost, who succeeded Luca de Meo, one of the targets is to align more closely with Chinese operating models in order to enhance competitiveness. China is also playing an increas…
The massive influx of Chinese cars into Europe is causing damage that goes far beyond simple sales figures. To remain competitive, some manufacturers are now resorting to staff reductions. This is the case for Renault, which plans to eliminate more than 2,000 engineering positions.
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