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.
Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
5,000 - 6,000 jobs Number of planned job losses
Announcement Date
23 July 2008
Employment effect (start)
1 July 2008
Foreseen end date
30 June 2009
Description
Renault, the French automobile manufacturer, has announced that it is to dismiss 5,000 to 6,000 persons out of 47,000 employed in Europe due to the "deterioration of the macroeconomic environment". The management said that the reorganisation will be implemented on a voluntary basis. Apart Sandouville in France, the direction did not give any information concerning the sites which will be affected by the reorganisation.
Eurofound (2008), Renault, Internal restructuring in European Union, factsheet number 66927, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66927.