www.economica.net/grupul-german-bosch-anunta-noi-c

Bosch plans to cut 750 jobs in Germany by 2029 due to challenging economic conditions and structural changes in the automotive sector. The company cites stagnant vehicle production and declining demand in Europe, alongside increasing competitive pressures from Asian suppliers. The layoffs will primarily affect the mobility division, particularly at the Abstatt plant, which specializes in braking systems and occupant protection technologies. Overall, Bosch intends to reduce its workforce by 23,000 in Germany, reflecting significant shifts in the automotive industry and rising demand for cost-effective solutions. Despite a 3.6% revenue increase in the first half of the year, the company faces challenges from weak global economic growth and geopolitical uncertainties.