Renault to Cut Engineering Staff by 15-20% to Boost Agility

Renault Announces 15-20% Cut in Engineering Staff Over Next Two Years

Renault's Strategic Workforce Reduction Plan

Details of the Staff Reduction

PARIS, April 14 (Reuters) - Renault SA will cut engineering staff by between 15% and 20% over the next two years, a spokesperson said on Tuesday, in a bid to improve agility and become more robust.

Company Objectives and Rationale

Improving Agility and Robustness

(Reporting by Gilles Guillaume and Dominique Patton; Editing by Makini Brice and Joe Bavier)