Continental to cut 1,500 jobs in France-radio

Newswire

PARIS, Feb 28 (Reuters) - German tyre group Continental plans to close a French plant and cut some 1,500 jobs, the Europe 1 radio station reported on Saturday quoting labour union sources. The lay-offs, if confirmed at a Mar. 16 extraordinary meeting of the works council, would be the biggest wave of redundancies in the French auto sector since the global economic crisis started. The plant is based at Clairoix in the Oise region near Compiegne, northeast of Paris. Continental declined ...

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