Renault announces 6,000 job cuts

by SOLARLIFE | September 9, 2008 at 04:03 pm

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Renault the French car maker, 15 % goverment owned, has it's Holding not in France, so almost paying no tax, like Total Oil. Now the upper class models not selling, Renault cuts 6000 jobs in France, but builts up jobs in Eastern Europe, India, LOGAN.

French carmaker Renault has announced 6,000 job cuts, as it responds to an industry-wide slowdown in sales.
Renault said that 4,900 positions would go in France, and 1,100 in other European countries, through voluntary redundancy measures.
French unions have reacted angrily to the news, with the CGT union calling for a one-day strike on Thursday.
The CGT also asked President Nicolas Sarkozy to intervene. The French government owns 15% of Renault