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Renault cuts 15,000 jobs

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French car manufacturer Renault is slashing 15,000 jobs globally.

The layoffs are part of a $2.2 billion cost-cutting plan.

"We have to change our mindset," said Clotilde Delbos, the company's interim CEO. "We're not looking to be on top of the world; what we want is a sustainable and profitable company."

Read more from BBC News.

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