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You are at:Home » Bosch expects to lay off 1,500 workers at two German locations by 2025
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Bosch expects to lay off 1,500 workers at two German locations by 2025

Gazet InternationalBy Gazet InternationalJanuary 8, 2024Updated:January 27, 20252 Mins Read
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Bosch (ROBG.UL) said on Sunday that it needs to cut up to 1,500 jobs at two of its German sites by 2025 to adapt staffing levels to changing demand and technologies in the auto industry.

The weekly industry publication Automobilwoche was the first to report the layoffs.

“Like other companies, we have to adjust the level of employment to the order situation, structural changes in the drive sector, and market penetration of future technologies,” a Bosch spokesperson said via email.

“We see a need to adjust up to 1,500 personnel capacities in the areas of development, administration and sales in the Drives division at the Feuerbach and Schwieberdingen sites by the end of 2025.”

Bosch stated that it was attempting to achieve this through the transfer of employees to other departments, early retirement, or voluntary redundancy agreements, and that it was in discussions with the works council about specifics.

“We are facing significantly greater challenges than expected at the beginning of the year … Even if we want to maintain our employment level as best as possible with new products and a wide range of training measures, we will have to adjust this to the order situation in some areas,” Bosch said.

Bosch confirmed that it would refrain from implementing mandatory redundancies at its German mobility locations until the end of 2027.

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#automotives #bosch #employeelayoff #employmeerights #employment #GAZETINTERNATIONAL #Germany #GI #GIAWARDS #layoff #redundancy #supplier #technologies
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    Gazet International Magazine is a global entity that works towards providing latest information and news updates of the world. It entraps latest stories in banking, finance, lifestyle and various beats of the world. We engage in recognizing and rewarding the global organizations for their achievements in various fields and deliver justice to the nominees with valued identification and recognition of companies that indulge in the Gazet Award Ceremony.

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