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Renault plans 2,000 job cuts in France as it moves to electric cars By Reuters

by Mike Robinson

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© 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.

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