French automaker Renault intends to shed approximately 3,000 jobs, about 15% of its headquarters staff, via a voluntary redundancy scheme for support functions. This "Arrow" cost-cutting drive follows a substantial first-half net loss and aims to simplify operations amidst intense market competition. Renault confirms exploring measures to optimize fixed costs and speed up execution.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/vLXRFx6
