Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Renault, the French automaker, has announced that it plans to cut up to 3,000 jobs worldwide.
Most of the affected positions would be located at Renault’s headquarters in Boulogne-Billancourt near Paris and other international sites. The affected roles are support functions (HR, finance, marketing). The layoffs are part of a cost-reduction initiative known internally as ‘Arrow’. The cuts will mainly affect positions in support functions such as human resources, finance, and marketing. Negotiations with employee representatives are ongoing, with a final decision anticipated by the end of 2025.
The restructuring comes amid mounting financial pressure following an €11.2 billion loss in the first half of 2025. A final decision is expected by the end of 2025.
At the end of 2024 Renault employed 98,636 staff worldwide.
Eurofound (2025), Renault, Internal restructuring in World, factsheet number 203598, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203598.
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