Continental is closing two plants in Hesse - over a thousand jobs will be lost. Jobs are also to be eliminated or relocated in Frankfurt and Babenhausen.
In total, 2,300 of the approximately 8,000 employees in the Rhine-Main area are affected, of which 1,100 are due to change locations. According to the company, both administration and research and development are affected. As a result, administrative costs should fall by 400 million euros from 2025 and spending onResearch and development should fall to less than ten percent of sales by 2028.