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Continental CEO Says Money-Saving Measures Necessary

Date: June 25, 2020
Source: Automotive News

Continental CEO Elmar Degenhart is reported to have told staff in an internal video that the company must save hundreds of millions of euros, probably through cutting costs and eliminating jobs, due to pressures on the German car industry created by the pandemic and the economic downturn.

Full story: https://www.autonews.com/suppliers/continental-ceo-warns-staff-possible-layoffs-report-says 

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