Automotive supplier: Bosch tightens up its personnel reduction – 750 more jobs to be cut
The company wants to cut a further 750 jobs at the Abstatt site, bringing the total number of jobs lost in Germany to 24,000. The new CEO is pushing ahead with the group's restructuring. These are his plans.
Bosch is cutting 750 jobs at its Abstatt location in its mobility division due to the challenging situation in the auto industry. The job cuts, which are expected to be completed by the end of 2029, are largely due to competition from Chinese rivals and the company's own activities in China. The Abstatt site will remain a development location, but the job cuts will affect the Vehicle Motion division, which develops braking systems, vehicle movement software, and other technologies.
This is in addition to 22,000 job cuts already announced in the mobility division and 900 job cuts at the Nürnberg plant.
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.
