German auto parts and tyre manufacturer Continental is to cut some 7,150 jobs worldwide due to its cost-cutting efforts in the weakening automotive supply business. This corresponds to more than 3% of ...
[Stay on top of transportation news: Get TTNews in your inbox.] Continental AG mapped out a sweeping restructuring plan set to last a decade that will affect as many as 20,000 jobs worldwide, part of ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Continental AG mapped out a sweeping restructuring plan ...
(Bloomberg) -- Continental AG is cutting around 3,000 research and development jobs at its automotive unit as the German parts maker prepares to spin off the struggling business. The reductions — ...
As part of last week’s announced plan to cut capacity in the fourth quarter, Continental Airlines will eliminate a total of 43 routes from its three U.S. hubs, starting Sept. 3. The airline also said ...
DALLAS – Continental Airlines Inc. (CAL) said Thursday it must cut $500 million in wages and benefits by Feb. 28 or face a liquidity crisis that could result in layoffs and reductions in its fleet.
BERLIN, Jan 22 (Reuters) - Germany German car parts supplier Continental (CONG.DE), opens new tab plans to cut 200 more jobs than initially announced, affecting a site in the western city of Wetzlar, ...
FRANKFURT, Germany — German auto supplier Continental said on Tuesday it will cut a further 3,000 jobs by the end of 2026, the latest sign of weakness for the country's auto sector. The job reductions ...