Continental to cut 3,000 R&D jobs in Automotive division

News
Corporate developments
ATI News Team

The job cuts, primarily in Germany, are part of Continental's preparations for the spinoff of its Automotive division by 2026

Continental is planning to cut 3,000 jobs in research and development globally, which is equivalent to about 10% of the unit's R&D workforce.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload