Renault developed the new electric version of its classic Twingo subcompact in two years -- half the normal time

Renault developed the new electric version of its classic Twingo subcompact in two years -- half the normal time

French carmaker Renault said Tuesday that it plans to reduce its number of engineers by 15 to 20 percent in the coming two years as it seeks to remain competitive.

A company spokesman said the reductions, out of a total of some 12,000 engineering posts worldwide, would be made without forced layoffs. 

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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