German multinational to axe thousands of jobs – media ...News

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German multinational to axe thousands of jobs – media
source : Russia Today ( News ) () 145
Bosch plans to reduce its global workforce by 5,500 positions due to weak EV demand German auto parts supplier Robert Bosch has announced plans to trim its global workforce by 5,500 jobs in the next several years, citing stagnating global auto sales, Deutsche Welle has reported. According to the company’s spokeswoman, cited by the outlet, some 3,800 of the job cuts will be made in Germany. The exact number of layoffs will be negotiated in talks with workers’ representatives, she said on Friday. The group would cut 3,500 employees in its car software division by 2027, with about half the job losses coming in German

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