There is little sense of particularly great euphoria among the Conti bosses. They have only just started restructuring the company, which is to reorganize and realign the many small divisions and subsidiaries. Even more than the automobile manufacturers, Conti is facing a difficult transformation, the outcome of which is uncertain. 30,000 employees will feel this in the coming years. Your positions will "change", so the board announces it. 1200 employees have been placed on the internal labor market ”.
Corona loser Continental: Once a giant, soon a dwarf
2021-03-09T18:21:40.395Z
The automotive supplier Continental was once an important representative of the automotive nation Germany. The transformation of the industry, however, has thrown the group back a long way. Others are much better off. The new comeback strategy also seems doomed to fail.
Source: welt