Renault plans to cut 3,000 jobs in support functions, French newsletter reports

French carmaker Renault plans to cut 3,000 jobs through a voluntary redundancy offer for staff in support functions, French newsletter L'Informe reported on Saturday. Under a cost savings plan dubbed "Arrow", Renault wants to cut staff numbers in support services such as human resources, finance and marketing by 15%, which is expected to lead to about 3,000 job cuts at the carmaker's headquarters in the Paris suburb of Boulogne-Billancourt and other locations worldwide. The newsletter quoted a source familiar with the matter as saying that a final decision should be made by the end of the year. Renault confirmed it is considering cost cuts, but that at this stage it has no figures to report as no decisions have been...