Renault announces 2,000 job cuts
French automaker Renault says it plans to cut 6,000 jobs at its European subsidiaries over the next few months.
The auto company has been affected by a slowing down in sales due to the deceleration in the global economy.
Image: The new Twingo Renault Sport from French automobile manufacturer displayed at the Geneva International Motor Show. | Photograph: Fabrice Coffrini/AFP/Getty Images
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