The cuts are part of larger moves triggered by intense competition and a slowing European car industry. One of the world’s biggest auto parts suppliers, German firm Robert Bosch GmbH, known better as ...
One of the world’s biggest auto parts suppliers, German firm Robert Bosch GmbH, known better as Bosch, is gearing up for some major change. According to new reporting from Bloomberg, the Tier 1 ...
The logo of the industrial group Bosch can be seen at its headquarters. German engineering firm and auto supplier Bosch plans to cut hundreds of jobs in its Bosch Power Tools division. "The company ...
Bosch faces €2.5 billion annual cost gap amid weak demand Job cuts to affect German locations until 2030, says Bosch EU-U.S. trade agreement lowers auto tariffs, but barriers remain BERLIN, Sept 25 ...
Germany’s largest automotive supplier Bosch has tightened its austerity measures due to the industry crisis. The technology group announced plans to cut around 13,000 jobs in its Mobility division.
BERLIN (Reuters) -Germany's Robert Bosch will cut 13,000 jobs as the world's top autos supplier battles a sluggish market, high costs and pressure from rivals that have left it with an annual cost gap ...
The car parts manufacturer said some 3,800 of the layoffs are to be made in Germany. Bosch and other German firms are pushing to reduce costs in order to stay competitive in the international market.
German car-parts supplier Robert Bosch plans to cut thousands of jobs across its operations in coming years as the automotive sector looks to downsize in response to a tougher outlook. The company on ...
Parts supplier Robert Bosch GmbH will cut 5,500 jobs globally, mainly in Germany, marking the latest blow to the country’s embattled automotive sector. Bosch, the world’s biggest automotive supplier ...
The Bosch group said Friday it would axe 3,500 jobs at its BSH home appliances subsidiary by 2027, the latest in a series of cuts among German manufacturers as they struggle with rising costs and ...
FRANKFURT, Germany (AP) — Germany's technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in ...