Renault considers cutting up to 3,000 positions worldwide, Bloomberg says

Renault (RNLSY) is considering job cuts of up to 3,000 positions worldwide, Alan Katz of Bloomberg reports, citing French news site l’Informe. The cuts would reduce jobs in support services, including human resources, financing, and marketing, by 15%. In a statement, the company said it had no number to communicate because no decision has been made. “Given the uncertainties in the automotive market and the extremely competitive environment, we confirm that we are considering ways to simplify, speed up execution, and optimize our fixed costs,” the company added.