Overview
- Continental and the IGBCE union agreed on a framework to trim about 3,000 jobs at ContiTech worldwide, including roughly 1,600 positions in Germany.
- The social plan relies on voluntary departures, early retirement options, and job placement support while pledging to avoid compulsory dismissals until the end of 2030.
- Local effects include double‑digit reductions in administrative roles at Korbach and Northeim, with the heaviest cuts centered in Hannover-based offices.
- Management links the overhaul to a savings drive targeting €150 million a year from 2028, with some work moving to lower‑cost countries.
- Continental is seeking a buyer and aims to separate ContiTech by year‑end, and the agreed protections will apply to any future owner.