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Renault poised to announce 15,000 layoffs worldwide: union
French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with faltering sales, a representative for the CFDT union said after meeting with the company.
Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT’s Franck Daout told Reuters on Thursday.
“They’ve insisted on the fact everything will be negotiated,” Daout said, adding that unions and state bodies would be involved in talks over potential job losses in France.
Renault was not immediately available for comment. The French group, which is 15% owned by the government, had earlier this year flagged a looming “no taboo” plan to cut 2 billion in costs after posting its first loss in a decade last year.
This has raised concern for some of its factories, including in France, although closures could be politically sensitive. The French government has already said it will not sign off on a planned 5 billion euro state loan for Renault - an aid measure linked to the coronavirus pandemic - until management and unions conclude talks over the carmaker’s French workforce and plants in France.
The coronavirus crisis has compounded the carmaker’s problems, accentuating a slump in demand which was already dragging on sales.
https://www.reuters.com/article/us-renault-france-strategy/renault-poised-to-announce-15000-layoffs-worldwide-union-idUSKBN234381
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AZAZ0909 US Army C-560 out of JBA nw
R1778 US Army G5 departed Charlotte-Douglas Int'l Airport after ground stop-heading to JBA
LOBO474 USMC out of MCAS Cherry Pt. west after a drop-off inbound from New Orleans
Canadian Armed Forces CFC3095 Bombardier Challenger from Ottawa Int'l heading back to Tucson Int'l
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As if you are any moar important than anyone else
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MAGMA89 Dornier C-146A from Honduras on final at Miami Int'l Airport from a Tampa Int'l Airport departure earlier
VM374 USMC C-560 departing Tampa Int'l Airport after an inbound from JBA
SHARK35 USAF C-130 Hercules on ground at Miami Int'l from San Juan, PR-went in yesterday from Bogota, Columbia
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