BERLIN (Reuters) – Automotive supplier Leoni expects to report a loss in 2024 and plans to cut 4,500 jobs in administration and management worldwide by 2026 in the course of the sale of a majority stake to China’s Luxshare, CEO Klaus Rinneberger told Reuters in an interview published on Friday.
(Reporting by Alexander Huebner, writing by Kirsti Knolle, editing by Rachel More)
