Bosch plans to cut 1500 jobs in Germany
Bosch is facing greater challenges than expected at the beginning of the year. The automotive supplier must therefore make good on its promise to refrain from job cuts until 2027. Hundreds of associates in Germany are affected.
According to a report, the world's largest automotive supplier Bosch is facing job cuts next year. At least 1,500 jobs are to be cut at the Stuttgart-Feuerbach and Schwieberdingen sites alone, reported "Automobilwoche", citing an insider.
Bosch confirmed current talks with the works council. "Even if we want to maintain our employment levels as best as possible with new products and a wide range of training measures, we will have to adjust them to the order situation in some areas," a spokesperson told the magazine. In the summer, Bosch ruled out layoffs for the 80,000 employees in the German Mobility division until 2027.
"We are proceeding step by step and developing measures on a site-specific basis," the company spokesperson told Automobilwoche. According to the report, 40-hour contracts are to be terminated as one instrument in order to reduce to the collectively agreed 35 hours.
Bosch justifies the job cuts with high upfront expenditure and lower employment requirements for electromobility as well as a weak global economy. "We are facing significantly greater challenges than expected at the beginning of the year," the spokesperson was quoted as saying by "Automobilwoche".
In addition to a weak global economy, Bosch justifies the job cuts with high upfront expenditure and lower employment requirements in electromobility. However, there had also been a crisis here over the course of the year. The production of 48-volt batteries made only sluggish progress.
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Despite earlier assurances of no job cuts until 2027, Bosch, a major car manufacturer and automotive supplier, is considering downsizing its workforce in Germany due to increased challenges in the auto industry and electromobility. The world-renowned Bosch is planning to cut at least 1,500 jobs at their Stuttgart-Feuerbach and Schwieberdingen sites.
Source: www.ntv.de
