πBosch to cull 5,550 jobs as German auto sector idles
Bosch, the world's biggest car parts supplier, said it is planning to ax 3,500 jobs by end-2027 - half of which will be at German sites.
It also plans to cut around 750 jobs by 2032 at its Hildesheim plant, in Germany, 600 of which are planned by the end of 2026.
Weak demand or China has already cornered the market?
@RiseGS
Bosch, the world's biggest car parts supplier, said it is planning to ax 3,500 jobs by end-2027 - half of which will be at German sites.
It also plans to cut around 750 jobs by 2032 at its Hildesheim plant, in Germany, 600 of which are planned by the end of 2026.
Weak demand or China has already cornered the market?
@RiseGS