Overview

• French newsletter L'Informe reported that Renault is preparing a voluntary redundancy offer targeting human resources, finance and marketing, equal to about a 15% cut in support functions or roughly 3,000 roles.
• The reported reductions would span the Boulogne-Billancourt headquarters near Paris and other sites worldwide under a cost-savings program referred to as Arrow.
• Renault said it is evaluating ways to simplify operations and optimize fixed costs but stated that no decisions or figures have been finalized.
• A source cited by L'Informe indicated the company aims to reach a decision by the end of the year.
• The deliberations follow a first-half net loss of €11.2 billion in July, including a €9.3 billion Nissan-related write-down, with weaker van demand, EV costs and tougher competition weighing on results; Renault employed 98,636 people at end-2024 and has outlined a €3 billion push to launch eight models outside Europe by 2027.