The French car maker Renault is moving into a smaller headquarters. As the “Automotive News Europe” reports, the move is made for financial reasons. Lately, more and more office workers at Renault have been working from home several days a week, so that correspondingly less office space is required. The carmaker has rented its previous headquarters in the Paris suburb of Boulogne-Billancourt for decades, and the contract expires next summer. Until the new, smaller building in the vicinity is ready in 2025, the employees will be spread across several locations. Renault also wants to rent the new building.
The company has already announced that it intends to reduce its office space in Paris and the surrounding area by half. In addition, almost 15,000 jobs and part of the production capacity will be cut. The projects are intended to help cut costs by two billion euros.
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