Renault to restructure French factories in bid to slash costs

PARIS (Reuters) - Renault said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to cut around 15,000 jobs worldwide. Faced with a slump in demand that has been exacerbated by the coronavirus crisis, Renault is aiming to find 2 billion euros (1.80 billion pounds) in savings over the next three years as it shrinks production and hones in on key car models."We thought too big in terms of sales," Interim..