Posted By Global Banking and Finance Review
Posted on January 22, 2025
BERLIN (Reuters) - Continental plans to cut 200 more jobs than initially announced, the FAZ newspaper reported on Wednesday, citing a spokesperson for the German car parts supplier.
Around 360 of the 430 employees at Continental's Wetzlar plant were not offered a transfer, the spokesperson was quoted as saying, after the company spoke in March of 160 job losses as a result of the planned closure, FAZ reported.
The company was not immediately available for comment.
(Reporting by Thomas Seythal, Writing by Rachel More, Editing by Madeline Chambers)