Workers threaten Continental AG over job cut plans

Newswire

HANOVER, Nov 30 (Reuters) - Workers at Continental AG threatened to back out of 10 labour deals, saying it could cost the German auto parts maker 42 million euros ($49 million), if it did not abandon plans to cut jobs in Hanover. Works council boss Baerbel Bruns said on Wednesday Chief Executive Manfred Wennemer had until the supervisory board meeting on Dec. 14 to decide, or the council and German trade union IG BCE would examine possibilities to terminate the agreement. "That is a ...

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