Overview
- Measures will begin in 2026, with the full savings target scheduled for 2028.
- Savings are aimed largely at administrative structures, with some activities to be relocated to countries with more competitive cost profiles.
- Continental says the majority of changes will affect ContiTech operations based in Hannover.
- The company has not specified how many positions will go, saying details will be negotiated with works councils and the IGBCE.
- Management plans to separate ContiTech from the group and maintains the cost program is necessary regardless of future ownership.