Renault aims to cut 7,500 posts in France

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Cuts representing 14 per cent of French Renault staff designed to help boost competitiveness as slump in domestic and European market continues.

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French carmaker Renault is aiming to cut 7,500 jobs on its home patch by 2016 to help boost competitiveness as the slump in its domestic and European markets shows no sign of easing, reports Reuters.