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143 new news items in the last 24 hours
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Aumovio, the former automotive components division of Continental, will reduce its workforce by 5% globally, affecting locations in India, Singapore, Romania, and other countries.

Cristina Petrache
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27 January 2026, 19:08
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Current Affairs
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Aumovio, a company recently spun off from Continental AG, has announced staff reductions that will affect approximately 5% of its global workforce. These reductions will primarily be implemented in locations in India, Singapore, Romania, Serbia, Germany, and Mexico. The aim of these measures is to reduce research and development expenses to less than 10% of revenues by 2027, compared to 11.9% in the third quarter of 2025. CEO Philipp von Hirschheydt emphasized that the company is focused on increasing efficiency and protecting its market position, considering a challenging economic environment. Additionally, Aumovio has revised its sales forecasts due to weaker demand in certain regions, which affects suppliers. In Romania, the automotive sector of the Continental group is present in the cities of Brașov, Iași, Sibiu, and Timișoara.

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Stirile ProTV
O multinațională va desființa mii de locuri de muncă în 2026, inclusiv în România. Câți angajați vor fi afectați
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Economica
Aumovio, fosta divizie componente auto a Continental, va desființa 4.000 de posturi la nivel global, inclusiv din România

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