Renault weighing up to 3,000 job cuts (RNSDF:OTCMKTS)

Logo and facade of Renault

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Renault SA (OTCPK:RNSDF) (OTCPK:RNLSY) is planning to slash up to 3,000 positions globally as part of a major cost-cutting initiative, multiple news outlets reported Saturday, citing the French news site l’Informe.

Citing people familiar with the matter, l’Informe said that the