Story perspectives

Renault to Cut 2,400 Jobs to Boost Innovation

4/15/2026

Summary

Story summary

Renault S.A. plans to cut up to 2,400 engineering jobs.
The reductions will amount to 15-20% of Renault's workforce and occur over the next two years.
The company will not implement forced layoffs.
Key engineering work will remain in France, while positions in Brazil, India, and Turkey will be reduced.
Francois Provost, CEO of Renault S.A., said the move aims to boost innovation and speed, with 36 new models planned in five years, including an electric Twingo developed with Chinese engineers.

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Story summary

Renault S.A. plans to cut up to 2,400 engineering jobs.
The reductions will amount to 15-20% of Renault's workforce and occur over the next two years.
The company will not implement forced layoffs.
Key engineering work will remain in France, while positions in Brazil, India, and Turkey will be reduced.
Francois Provost, CEO of Renault S.A., said the move aims to boost innovation and speed, with 36 new models planned in five years, including an electric Twingo developed with Chinese engineers.