ING layoff 7,000; Remain with Renault

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ING
Dutch financial institution ING has announced a series of drastic layoffs and also used the opportunity to reassure Renault that they are remaining with the team. On the waning side of a 3-year deal, ING says it will asses their interest in F1 and decide this summer about their continuance.

“This is the last year of a three-year contract with Renault. We´ll decide this summer what we´ll do with the contract after 2009,”

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