Renault prepares for 15,000 job cuts
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Struggling French carmaker Renault is said to be planning 15,000 job cuts around the world as it tries to contain losses amid the pandemic.
The move comes as the virus deepens the challenges facing the firm, which saw its first annual loss in a decade last year.
The company, which has pledged to cut costs by €2bn (£1.8bn), is expected to discuss the plan on Friday.
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