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Automotive supplier: Bosch halves its workforce in Nuremberg

Bosch currently employs 1800 people at its Nuremberg plant. Half of the jobs are set to be lost by 2029 because orders for components such as combustion engines are lacking.

Translated from German Read in German

Automotive supplier: Bosch halves its workforce in Nuremberg

Bosch plans to cut 900 jobs at its Nürnberg plant over the next three years, reducing its workforce there by half. This move is in addition to the previously announced cut of 22,000 jobs company-wide, mostly in the Mobility sector. The company cited the shift towards electric mobility and increasing competition, particularly from Chinese rivals, as reasons for the cuts.

Bosch's Nürnberg plant produces components for combustion engines and fuel cells, areas that are declining in importance. The company promises socially responsible solutions for the job cuts.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at handelsblatt.com →

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