Job Market Monitor
Renault
Renault’s Pact with Union – To cut 2,500 jobs in first year
Renault (RENA.PA: Quote) has cut about 2,500 jobs in the first year of a productivity deal with French unions and is on course to meet its savings goals, the carmaker said on Thursday. “We’re at about one-third of the objective” of 7,500 positions to be eliminated under the three-year plan, the carmaker’s head of French … Continue reading
France / New labor deal at Renault
French carmaker Renault (RENA.PA) has won support from workers for a nationwide deal on pay and conditions to boost its competitiveness as a second union gave its backing to the move on Wednesday. Force Ouvriere said in a statement that it had decided by a large majority to sign the new agreement “for a new … Continue reading
France / Renault to cut 7,500 posts by 2016
Renault (RENA.PA) wants to cut 7,500 posts in France by 2016 to help boost competitiveness as its domestic and European markets continue to slump, a spokeswoman for the French carmaker said. The cuts, equivalent to 14 percent of French Renault staff, are expected to include 5,700 departures through natural turnover, the spokeswoman said on Tuesday, … Continue reading
GM | Job losses to come from its European business
The Guardian – GM would stick to a labour deal that limits factory closures before 2014, Girsky indicated nonetheless that there would be job losses from its European business. “We know in the future that there may not be the same amount of people here as there are today. It is important that we create … Continue reading
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