Job Cuts at Bosch: 13,000 Jobs by 2030 – Works Council Demands "Made in EU" Rules
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Gerlingen – The job cuts at Bosch primarily affect the German sites of the Mobility division. By the end of 2030, the group plans to cut around 13,000 more jobs there. Bosch justifies the cuts with weak demand, overcapacities, and an annual cost gap of around 2.5 billion Euros. In addition, high price pressure, trade barriers, and Chinese competitors are burdening the business. The General Works Council has therefore been demanding stronger support from the European Union since September 16. Works Council Chairman Frank Sell calls for rules that should secure more industrial value creation and employment in Europe. The cuts are particularly extensive in Feuerbach. Around 3,500 jobs are to be eliminated there by the end of 2030. Bosch also plans to cut approximately 1,750 jobs in Schwieberdingen. For Bühl and Bühlertal, the company names another approximately 1,550 positions. In Homburg, about 1,250 jobs are also to be eliminated. Waiblingen is also among the affected locations. There, Bosch intends to cease production of connection technology, which currently employs around 560 people, by the end of 2028. However, the job cuts at Bosch do not only affect production. Development, purchasing, sales, and administration are also expected to lose staff. Bosch refers to declining orders and the slow ramp-up of new technologies. However, the developments at Bosch are not isolated...
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