Continental Layoffs 2024. The company also plans to reduce the share of expenditure on research and development in the sector to 9% by 2028, it added, although absolute. Annual press conference 2024 live.
Our ceo nikolai setzer and cfo katja garcia vila will hold our virtual annual press conference from 9:00 to 10:00 a.m. Listen to the article 2 min.
German Car Parts Manufacturer Continental Will Cut Thousands Of Jobs Worldwide As Part Of A Plan To Save โฌ400 Million ($428 Million) A Year From 2025.
This will be part of a major restructuring effort in 2024.
Feb 15, 2024, 04:52 Pm.
Continental ag mapped out a sweeping restructuring plan stretching over the next decade and affecting as many as 20,000 jobs worldwide, marking the german.
Continental Layoffs Have The Company Preparing To Cut Thousands Of Jobs.
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The company also plans to reduce the share of expenditure on research and development in the sector to 9% by 2028, it added, although absolute.
Continental Also Plans To Close A Hydraulic Brake Plant In Henderson, N.c., Which Employs 650 People.
German auto supplier continental said wednesday it would cut some 7,150 posts worldwide by 2025 as the difficult switch to electric vehicles forces companies in.
The Operation, Which Employs About 740 People, Is Expected To Close In 2024.