"Renault plans to reduce its number of engineers by 15 to 20% in the coming two years, meaning up to 2,400 of the current 11,000 to 12,000 engineers worldwide would have to leave the company."
"The development of new technologies and fundamental design work would remain in France, while engineering centers in Brazil, India, Morocco, Romania, South Korea, Spain, and Turkey will also be reducing the number of engineering posts."
"Renault CEO Francois Provost announced a major restructuring, stating his intention to 'compete with Chinese vehicle manufacturers in terms of innovation, cost and speed.'"
"Through collaboration with Chinese engineers at its research and development center in China, Renault has already been able to reduce the development time for the new Twingo to 21 months."
Renault intends to reduce its engineering workforce by 15 to 20% over the next two years, affecting up to 2,400 engineers. Cuts will occur without forced layoffs, with key development remaining in France. Engineering centers in various countries will also see reductions. The company faces stiff competition from Chinese brands, particularly in electric vehicles. CEO Francois Provost aims to restructure for better innovation and speed, planning to launch 36 new models in five years, with reduced development times. Collaboration with Chinese engineers has already shortened the Twingo's development to 21 months.
Read at www.dw.com
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