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Continental Automotive announces thousands of job cuts in 400-million-euro cost-saving plans

Author: Chris Anthony Comments: 0
(Photo: Continental)

Continental has announced plans for 400 million euros of annual cost-savings in its Automotive sector by 2025. The aim is to “create leaner business and administrative structures worldwide as well as quicker decision-making processes”. And that means streamlining the organisational structure within Automotive from six to five business areas.

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