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Business > Foreign Business
Auto supplier Continental to cut thousands of jobs
By Agence France-Presse
Nov 14, 2023 12:04 am

FRANKFURT: German auto supplier Continental said on Monday it will cut thousands of jobs to reduce costs, at a time the sector is facing severe headwinds.

The company, which makes tires and supplies components, said it had not decided on the exact number of job losses but it would be in the 'mid four-digit range.'

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