A big restructuring at Continental could affect tens of thousands of jobs in the coming years.
Sept. 1, 2020—Fresh off acknowledging its role in the Nazi war machine, Continental announced that its restructuring aims to save $1.2 billion per year and could risk up to 30,000 jobs, reports Bloomberg.
Looking to implement most of its restructuring plan by 2025, the company was already planning big changes before the COVID-19 pandemic, which deepened its issues.
Continental's overall employment is around 232,000 worldwide, according to Bloomberg.
We arm you with products that build trust, tools that unlock productivity, and training that drives business performance, so you feel confident in where your...
Connect with Valvoline experts to increase operational efficiency and customer loyalty – from Valvoline-funded promotions to hands-on training, we’re here to...
