FRANKFURT -- Continental plans to cut or transfer as much as 13 percent of its workforce to reduce costs by at least 1 billion euros ($1.2 billion) a year, deepening restructuring as the coronavirus adds to pressure on the auto industry.
FRANKFURT -- Continental plans to cut or transfer as much as 13 percent of its workforce to reduce costs by at least 1 billion euros ($1.2 billion) a year, deepening restructuring as the coronavirus adds to pressure on the auto industry.