Bosch Layoffs: German automotive parts makerBosch introduced its plans to chop 1,100 jobs at its Southern Germany-based plant on Tuesday, 22 July 2025, and disclosed that this transfer will have an effect on one-tenth of the employees on the web site, reported the information company AFP.
This layoff will have an effect on people who find themselves concerned within the web site’s meeting line in addition to in back-office roles, reported the information company, citing the German autoparts maker.
“The European marketplace for steering techniques is pushed by worth and onerous fought with new suppliers,” mentioned Bosch’s electronics chief, Dirk Kress, amid the rising competitors from the Chinese language producers in recent times. German automobile producers have been combating this challenge in current occasions because the Asian nation contests for market share.
“The required cuts will not be straightforward, however they’re important to safe the way forward for the positioning,” he mentioned, based on the information company’s report.
Shedding the ‘aggressive’ edge
Gross sales volumes of steering techniques have been declining partly on account of the sluggish uptake of electrical automobiles, Bosch mentioned in a press release.
“Manufacturing steering techniques on the Reutlingen web site is not aggressive,” Bosch mentioned, including that the plant would now deal with manufacturing semiconductors.
The corporate didn’t say whether or not the cuts would contain obligatory redundancies or depend on voluntary measures comparable to early retirement.
Fellow automotive suppliers Schaeffler and Continental have made layoffs prior to now 12 months whereas sports activities automobile maker Porsche final Friday warned employees of a “severe scenario” amid collapsing demand in China.
Bosch itself final November introduced 5,500 layoffs throughout the corporate.