Continental to cut 5.500 jobs in automotive

Joris Van Roy

November 13, 2023

German automotive supplier is likely to cut 5 500 jobs or 2,7% of it’s total group workforce of around 200 000, but one fifth in automotive /Continental

German automotive supplier and tiremaker Continental plans to cut thousands of jobs in its automotive department to restore competitiveness and reduce costs by €400 million, the company acknowledged on Monday. Continental didn't give exact figures, but on Sunday, the German Manager Magazin wrote t
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