The German tire and auto parts manufacturer plans to lay off approximately 5.5 thousand people worldwide. A German magazine writes about this Executive Store.
Plans to reduce the number of jobs were communicated to senior management on Nov. 10, according to the publication. Employees are scheduled to be notified on November 13. It is stated that the reductions will primarily affect management structures. However, these will not concern the company’s production and development.
Continental is expected to save approximately 400 million Euros annually in this way. More than 1 thousand people will be laid off from their jobs in 30 businesses in Germany.
Before that, lawyer Vladimir Atapin saidWhat should an employee do if he is illegally dismissed?
Previously at AvtoVAZ accepted the possibility of using prison labor.
Source: Gazeta
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