Continental AG - currently the takeover target of smaller bearing specialist Schaeffler - is reported to have axed around 200 'white collar salary posts in North America.
Continental AG – currently the takeover target of smaller bearing specialist Schaeffler – is reported to have axed around 200 ‘white collar’ salaried posts in North America.
The job cuts were said to be the first resulting from the integration of recently acquired Siemens VDO automotive operations with Continental’s, but were also due to the North American auto market downturn.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
