The crisis in the automotive industry is intensifying. According to recent reports, Bosch plans to lay off 7,000 employees ...

German automotive components giant Bosch has announced plans to lay off 7,000 employees due to ongoing business challenges.

Bosch is prepared to build the bridge from vehicle manufacturers to riders with technological innovations without ...

Bosch to lay off 7,000 in Germany amid a challenging 2024 forecast, cutting costs in automotive and tools divisions. CEO ...

CEO Stefan Hartung indicated the company won’t meet its economic targets and may make further staffing adjustments. Bosch, ...

The company strongly supports the EUs decarbonization goals but believes that a broad technological approach is required to reach them, said Steffen Hoffmann, president Northern and Eastern European ...

Bosch announces layoffs of 7,000 employees from its automotive supply sector amid projected lower sales returns for 2024, focusing on cost-cutting and adapting to industry shifts.

The chairman of German auto parts supplier Robert Bosch (ROBG.UL) warned on Thursday of declining revenue in the coming year, and said he cannot rule out further job cuts in Germany in addition to the ...

Further job cuts at German technology giant Bosch cannot be ruled out amid the country's wider economic struggles, chief ...

Tencent Holdings signed a new deal with German automotive supplier Bosch to enhance collaboration in cloud computing and smart driving, as the Chinese tech giant looks to expand the adoption of its ...

Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one o ...