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Bosch's spokeswoman said that some 3,800 of the job cuts are to be made in Germany. She added that the exact number of layoffs will be negotiated in talks with workers' representatives.

Bosch will cut up to 5,500 jobs as it struggles ... Earlier this week, Ford announced plans to cut 4,000 jobs across Europe - including 800 in the UK - as the industry fretted over weak electric ...

Bosch makes more than half its revenue from the automotive sector. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of ...

Robert Bosch, the struggling German industrial giant undertaking a massive overhaul of its workforce, has doubled down on cost-saving efforts by reducing the pay and working hours of thousands ...

Germany's technology and services company Bosch said on Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the ...

Robert Bosch GmbH will reduce the working hours of about 10,000 employees in addition to massive job cuts it’s undertaking to counter a slump in demand for auto parts. Affected staff will have ...

Bosch is one of Germany’s biggest employers, with a headcount of 429,000 people at the end of 2023. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of ...

FRANKFURT, Germany (AP) — Ford Motor Co. to cut 4,000 jobs in Europe and UK, citing disruption from shift to electric vehicles, economic headwinds.