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AMV0 AUMOVIO SE News Story

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German auto supplier Aumovio announces up to 4,000 job cuts

BERLIN, Jan 27 (Reuters) - German automotive supplier Aumovio AMV0n.DE announced on Tuesday plans to cut up to 4,000 jobs worldwide by the end of the year as it restructures its research and development activities in a challenging market environment.

"We are focusing on value-creating technologies, investing in future-oriented fields, and leveraging both new and proven partnerships," CEO Philipp von Hirschheydt said in a statement.

 (Reporting by Rachel More
Editing by Madeline Chambers)

 ((rachel.more@thomsonreuters.com;))

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