Renault cuts 400 jobs at Spain factory

Newswire

MADRID, Jan 29 (Reuters) - French car maker Renault said on Thursday it would cut a shift at its factory in Palencia, northern Spain, meaning 400 temporary workers would be laid off. "The constant fall in the European market and Renault's management policy of rigorously monitoring stock makes it necessary to adapt the pace of manufacturing," a spokesman for Renault in Spain said. The factory in Palencia currently has a total of 3,300 workers and makes various versions of Renault's Megane ...

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