Saturday, August 11, 2012

Renault's South Korean Samsung Unit to Cut Jobs as it Tries to Tackle Falling Sales

Renault's South Korean Samsung Unit to Cut Jobs as it Tries to Tackle Falling Sales:
It’s not only Europe that has Renault worried as the French automotive group is now having troubles in South Korea with its Samsung unit.
Renault Samsung said on Friday that it would launch its first ever voluntary redundancy programme in order to deal with falling sales both in its home market and abroad.
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