German Car Parts Maker Bosch to Cut up to 1,100 Jobs
50 Articles
50 Articles
The technology giant Bosch struggles with weak demand and high costs. Now, severe cuts in staff and working hours follow. An end to the austerity measures is not in sight.
The Ruthenian site is struck by the crisis of the thermal motors.
Bosch to cut 1,100 jobs in Germany by 2029
Bosch will eliminate 1,100 jobs at its Reutlingen plant in southern Germany by the end of 2029 to address rising costs and market challenges. The company cited the need to “adjust structures and reduce costs due to changing market conditions and increased competitiveness and pricing pressure,” according to 20 Minutos. The cuts will primarily affect the production of control devices and… Source
The Bosch technology group has announced the deletion of up to 1,560 additional jobs. The plant in Reutlingen and the subsidiary Bosch Engineering, located in Abstatt near Heilbronn, are affected.
The German Car Hire Giant Bosch announced, March, that it will reduce 1,100 jobs to a unit in southern Germany, the most recent hit by a car industry in difficulty,...
Coverage Details
Bias Distribution
- 42% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium