Stoecken Passenger Car Production Reprieved - Tire Review Magazine

Stoecken Passenger Car Production Reprieved

(Clacton, U.K./Tyres & Accessories) Continental AG has reached an agreement with unions to hold-off job cuts for a year, and therefore continue passenger car tyre production at its Hanover-Stoecken plant.

The management had originally said it would cut 320 positions, 10% of the Stoecken plant’s workforce, and halt passenger car tyre production by the end of 2006. Now the company reports that it will cut jobs between Jan. 1 and Dec. 31, 2007.

Head of personnel Thomas Sattelberger said the company hopes to finalise the agreement by mid-February. At least part of the workforce reduction will be implemented through partial retirement and staff relocation.

In addition, Continental says it will establish a worker re-education programme and will strengthen the plant’s research and development unit.

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