The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Timisoara (Timis County), Sibiu (Sibiu County), Iasi (Iasi County) and Carei (Satu Mare County).
Sector
Manufacturing Manufacture of rubber, plastic and non-metallic minerals Manufacture of rubber and plastic products 22.11 - Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes
0 - 870 jobs Number of planned job losses
Announcement Date
4 June 2025
Employment effect (start)
4 June 2025
Foreseen end date
31 December 2025
Description
Continental Romania, a subsidiary of the German manufacturer of auto vehicle components, has announced its intention to dismiss 870 people in 2025. The redundancies concern ContiTech, the technology division that is set to become an independent company at the end of this year, and the Automotive division, which has received approval from the Management Board to enter a spin-off process.
At ContiTech, 230 people will be made redundant, and the planned measures are aimed at adapting capacities to changing customer requirements and increasing efficiency at the Original Equipment Solutions (OESL) plant in Timisoara (Timis County). In the Automotive division, which will become Aumovio Romania this year, the number of layoffs is 640. The measures taken are aimed at adapting capacities to changing customer requirements and increasing efficiency at the affected locations. They mainly target the Timisoara (Timis County) headquarters, but also other Continental production departments in Sibiu (Sibiu County), Iasi (Iasi County), and Carei (Satu Mare County), where jobs in production and research and development will be affected.
The company will offer some compensation to employees made redundant, but the amounts are not yet known, nor are the criteria and principles for granting compensation. Furthermore, Continental has not made public the criteria and arguments on which it based its decision on the number of people to be laid off and their identities. There is no explanation whatsoever of the methods used to arrive at this number of employees to be laid off, nor how they were selected.
Continental has approximately 19,000 employees in Romania: approximately 13,000 are in the Automotive business sector, approximately 3,000 in the tire business sector, and approximately 2,700 in the ContiTech business sector (of which 2,100 are in OESL).
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