Mexican Media Brands
Renault Has Cut 2,500 Jobs Under Union Pact
Renault SA says it has shed about 2,500 jobs over the past 12 months under an agreement with three French unions.
#labor #workforcedevelopment
Share
Renault SA says it has shed about 2,500 jobs over the past 12 months under an agreement with three French unions.
The company aims to eliminate 7,500 positions in three years, primarily through early retirement programs. Renault reports that at least 80% of eligible workers are opting for such offers.
Renault expects the job reductions to save €500 million by 2016.
Under terms of last year's deal, Renault pledged to increase domestic output in exchange for work rule reform, pay control and the right not to replace 7,500 jobs cut by early retirement plans and other incentives.
RELATED CONTENT
-
UAW Launches Strike Against GM
As expected, some 48,000 of the United Auto Workers Union members began a strike at midnight Sunday against General Motors Co. facilities in the U.S.
-
GM Unit Stresses Driver Training in Autonomous Cars
General Motors Co.’s Cruise Automation unit says it puts backup drivers and auditors through extensive training before allowing them to participate in real-world autonomous vehicle tests.
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.