From time immemorial Renault was also synonymous with Boulogne-Billancourt, the town of the Hauts-de-Seine department, in the Île-de-France region. But in the future this will no longer be the case. In fact, the Casa della Losanga has decided to abandon the buildings currently used to move to another location within the same department (south of today, and along the Seine). Thanks to this transfer, the French company should save as much as 60 million euros, albeit gradually.
Due to remote work and the changes in the organization chart desired by CEO Luca De Meo, the current offices will be provisionally decommissioned or transferred to other offices until 2025, when a new headquarters will be ready for use. The new location may contain the Group’s offices on less extensive premises. It is in fact believed that there is a so-called oversizing, which is obviously not considered ‘efficient’ in financial and probably also environmental terms.
The official abandonment in Boulogne-Billancourt is expected to take place in the summer of 2022 (expiry of the current lease), but before that Renault will have to obtain building permits for the new headquarters. It is not the first time that Renault has taken sensational decisions in terms of structures: in 1992 it said goodbye to the famous Ile Seguin plant, which was razed to the ground in 2004.
The cost reduction plan also includes a drop in the number of employees globally and a significant cut in production capacity, although Renault has pledged to avoid forced layoffs. The automaker posted a record loss of $ 8.4 billion in the first half of 2020, while on the other hand it made a small profit in the same period during 2021.