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Ex-Conti subsidiary Vitesco before job cuts in Nuremberg - 800 jobs before the end - works council attacks management

2022-06-29T13:03:06.244Z

Ex-Conti subsidiary Vitesco before job cuts in Nuremberg - 800 jobs before the end - works council attacks management Created: 06/29/2022, 14:53 Vitesco: After the spin-off from the automotive supplier Continental, the new board is now taking action. © Manfred Segerer/Imago Things are getting down to business at the Regensburg-based automotive supplier after the spin-off from Continental. In Nu



Ex-Conti subsidiary Vitesco before job cuts in Nuremberg - 800 jobs before the end - works council attacks management

Created: 06/29/2022, 14:53

Vitesco: After the spin-off from the automotive supplier Continental, the new board is now taking action.

© Manfred Segerer/Imago

Things are getting down to business at the Regensburg-based automotive supplier after the spin-off from Continental.

In Nuremberg, the company wants to massively reduce staff.

Nuremberg – The auto parts supplier Vitesco wants to drastically downsize its Nuremberg plant, cutting around 800 of the 1,160 jobs in the next four years.

The Regensburg group announced this on Wednesday.

The employees were informed on Tuesday, said a spokeswoman.

According to a statement by the company, the plant in Nuremberg should be more automated and more efficient.

Vitesco: Ex-Conti division wants to phase out business with transmission controls

The step was necessary in order to be able to keep production in Germany and in Nuremberg, said the former Conti division.

In order to remain competitive in the long term, Vitesco will phase out individual products such as transmission controls and introduce a new product portfolio with a higher degree of automation and optimized fixed costs, according to the company with around 37,000 employees worldwide.

The general works council condemned the procedure.

Nuremberg is the only German Vitesco plant that is not threatened with closure due to technological phase-out scenarios, said Chairman Torsten Buske.

“As bitter as it is, unfortunately it looks very much as if Vitesco Technologies is fleeing Germany.

You will look in vain for commitments to Germany as an industrial location on the part of our board of directors.”

(dpa/utz)

Source: merkur

All news articles on 2022-06-29

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