[ad_1]

© Reuters. FILE PHOTO – The Renault logo is seen at the dealership in Les Sorinieres near Nantes on September 9, 2021. REUTERS/Stephane Mahe

PARIS (Reuters) – French carmaker Renault (PA:) said on Thursday it would cut up to 2,000 engineering and support jobs in France as it shifts into electric cars and hires in different positions.

According to the company’s loss-making division, it has announced about 4,600 job losses in the country, as part of broad restructuring.

It will create 500 new net jobs after it has hired 2,500 more people to other roles. Renault also stated that it was planning to produce nine new cars in France.

Renault wants to broaden its range of electric cars. The company said it would hire in areas like data sciences and chemistry experts to help it build its expertise in battery technology.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are provided by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is an extremely risky investment form. Please make sure you are fully aware of all the costs and risks involved.



[ad_2]