French automaker Renault is planning to reduce about 3,000 positions globally through a voluntary- redundancy programme, according to reports. The move targets staff in support functions, including human resources, finance and marketing.
The decision comes as part of a cost-saving initiative known as the ‘Arrow’ plan, which aims to trim around 15 per cent of these roles.
The reductions are expected to be concentrated at Renault’s headquarters in Boulogne-Billancourt, near Paris, with additional cuts at other international locations. Final decisions are anticipated before the end of the year, following discussions with unions and employee representatives.
Renault has confirmed in several media reports that cost-cutting measures are under review but stressed that no final figures have been approved. The company cited uncertainties in the automotive market, a highly competitive environment, and the need to optimise fixed costs and simplify operations.
At the close of 2024, Renault employed nearly 99,000 people worldwide, meaning the proposed reductions would account for about three per cent of its workforce. The announcement comes after Renault reported a net loss of €11.2 billion in the first half of 2025, largely due to a €9.3 billion write-down on its investment in Nissan.
The plan follows a recent leadership change, with Francois Provost taking over as chief executive in July.
Renault’s restructuring mirrors broader pressures on European automakers, including slowing electric vehicle demand, competition from Chinese manufacturers and potential US tariffs. While no decisions have been finalised, the management continues to review options to control costs and streamline operations.
