French automaker Renault is preparing to cut about 3,000 jobs through a voluntary redundancy program targeting support functions, according to French newsletter L’Informe. The cuts are part of a cost-reduction strategy called "Arrow," aimed at streamlining departments such as human resources, finance, and marketing. Renault confirmed it is exploring cost-cutting measures but stressed that no specific job reduction numbers have been finalized. The company has faced mounting financial pressures, reporting an €11.2 billion ($13 billion) net loss in the first half of the year. The "Arrow" plan reflects Renault’s attempt to restructure for efficiency while preparing for the future of mobility in a volatile global automotive market.