Continenal AG (soon to be Schaffler) falling fast with the auto industry - werkgeversreview Mechanical Engineer bij Continental

2,0
4 apr 2009
Aanbevelen
Goedkeuring directeur
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Pluspunten

Good healthcare benefits, Good Vacation - 3 weeks of vacation first year, 11 paid holidays, Flex-time, on-site gym, very nice work facilities, professional people. Used to be a good company to work for, but things have changed with all the auto industry problems.

Minpunten

Continental AG (recently purchased by Schaffler) is a German company in the automotive supplier industry, and is strapped with a lot of debt. As an auto supplier business has been crushed. Cutbacks have been severe including: layoffs, 5% mandatory paycut for everyong, 401K match discontinued, forced week/two week shutdowns that have to be taken without pay unless you have enough saved PTO (most non-management don't). These shutdowns/unpaid time off for everyone can easily mean an additional 3%/4% annual paycut, depending on how much you make. The DeerPark branch is formerly Motorola Automotive, and much of management treats employees like Motorola does, which is: take anything management dishes out or risk being laid off.

Ontdek andere reviews over Continental

5,0
1 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Great benefits, two week pto, 10 paid holidays

Minpunten

Not enough staff in the call center

4,0
30 mei 2026
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Great work life balance and culture. If you want to work at a place that will provide a low stress, flexible position with amazing people, this place is no doubt one of the best in that area.

Minpunten

Pay is low compared to other companies in the area and the cost of living in the area is high. They seem to be outsourcing jobs to cut costs, so job security is not the best right now.

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