Continental Automotive to slash 7,150 jobs in R&D and administration
On top of the more than 5,000 job cuts leaked in November, Continental announces streamlining its R&D and software units, involving an extra 1,750 jobs /Continental
German automotive supplier has finally announced it will slash 7,150 jobs in its car division, of which around 5,400 jobs are in the administrative areas and a further 1,750 in research and development. That reduces roughly 3.6 percent of the German supplier's global workforce.
In November, Conti
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