Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

5,000 - 6,000 jobs
Number of planned job losses
Job loss
Announcement Date
23 July 2008
Employment effect (start)
1 July 2008
Foreseen end date
30 June 2009

Description

Renault, the French automobile manufacturer, has announced that it is to dismiss 5,000 to 6,000 persons out of 47,000 employed in Europe due to the "deterioration of the macroeconomic environment". The management said that the reorganisation will be implemented on a voluntary basis. Apart Sandouville in France, the direction did not give any information concerning the sites which will be affected by the reorganisation.

More detailed information on the job cuts at Renault in France and Europe is available on the European Industrial Relations Observatory (EIRO).


Sources

  • 25 July 2008: La Tribune
  • 24 July 2008: La Tribune
  • 24 July 2008: AFP

Citation

Eurofound (2008), Renault, Internal restructuring in European Union, factsheet number 66927, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66927.