Continental is cutting around 7,150 jobs in its automotive supply division. Around 5,400 jobs are available in the administrative areas, and around 1,750 more in the research and development network.
The plans also affect 380 jobs at the software subsidiary Elektrobit with its German headquarters in Braunschweig. According to information from November, annual costs should fall by 400 million euros by 2025 with the reduction of jobs in administration. The company had previously announced job cuts in the mid-four-digit range.