Departure targets at Renault for next 2022-2024 plan have been readjusted: from 2,000 to fewer than 1,700 departures.

Renault says it will reduce the number of job cuts by more than 300 by 2024 as voluntary departure uptake has increased.

In September this year, the automaker announced plans to cut up to 2,000 engineering and support jobs in France, as it looks to transition to new mobility.

The automaker’s management and French labour bodies started talks with a view to concluding a nationwide multi-year labour agreement for the period, 2022-2024.

“On 16 September and in the context of the multi-annual negotiations for France, Renault Group announced its intention to implement 2,000 departures in product and production engineering and in support functions,” said a statement sent to Just Auto from Paris.

“Given the acceleration of voluntary departures thanks to the collective severance agreement and activity exemption measures resulting in 2021, departure targets for the next 2022-2024 plan have been readjusted: from 2,000 to less than 1,700 departures. The target of 2,500 recruitments remains unchanged.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Despite the job reductions, Renault previously noted France would become its central hub for electric vehicles. It will intensify industrial activity in the EV field and production of core electric engines would be established within French borders.

Subject to agreement, the Group earlier noted it plans to allocate the production of nine new vehicles to its French plants, a majority of which would be 100% electric.

Earlier this year, Renault Group and its subsidiary RCI Bank and Services announced an investment in the heycar Group. At the time, Luca de Meo, chief executive of the Renault Group, said: “We are very much looking forward to working together with heycar. In the space of just a few years, this platform has become a major player in online vehicle sales.

“This agreement fits seamlessly into Renault Group’s strategy of adding value at every single stage of a vehicle’s life cycle. Our aim with this partnership is to increase the competitiveness of our sales network along the entire vehicle value chain – from purchasing to aftersales. This involves services such as maintenance and marketing, as well as the sale of financing and services.”