Renault to cut 1,500 engineering jobs in France: union source

French carmaker Renault (RENA.PA) plans to cut 1,500 engineering jobs in France, a trade union source told Reuters on Tuesday. The engineering job cuts are part of cost savings plans that Renault announced last month aiming to find 2 billion euros ($2.27 billion) in savings over the next three years. Renault declined to comment. The carmaker had planned to cut 15,000 jobs worldwide, including 4,600 in France. Renault shares were up 5.66% at 1118 GMT.

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