“Adaptation to order situation”
Bosch wants to cut 1,500 jobs in Germany
December 10, 2023, 12:40 p.m
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Bosch is facing greater challenges than expected at the beginning of the year. The automotive supplier must therefore make a promise not to cut jobs until 2027. Hundreds of employees are affected in Germany.
According to a report, the world’s largest automotive supplier Bosch is threatened with job cuts next year. At least 1,500 jobs should be lost at the Stuttgart-Feuerbach and Schwieberdingen locations alone, the “Automobilwoche” reported, citing an insider.
Bosch confirmed current discussions with the works council. “Even if we want to maintain our employment level as best as possible with new products and a variety of qualification measures, we will have to adapt this in some areas to the order situation,” said a spokeswoman for the magazine. In the summer, Bosch ruled out layoffs for the 80,000 employees of the German mobility division until 2027.
“We are proceeding step by step and developing measures specific to each location,” the company spokeswoman told “Automobilwoche”. According to the report, 40-hour contracts should be terminated as an instrument in order to reduce to the collectively agreed 35 hours.
Bosch justifies the job cuts with high advance expenditure and lower employment needs in electromobility as well as a weak global economy. “We are struggling with significantly greater challenges than expected at the beginning of the year,” the “Automobilwoche” quoted the spokeswoman as saying.
In addition to a weak global economy, Bosch justifies the job cuts with high advance expenditure and lower employment needs in electromobility. But here too there was a crisis over the course of the year. The production of 48-volt batteries progressed slowly.