Bosch plans to cut 900 jobs in Nuremberg by 2029

The automotive supplier Bosch wants to cut around half of its 1,800 jobs at its Nuremberg factory over the next three years. The company announced that 900 jobs will be cut by 2029. The job cuts in Nuremberg are to be in addition to the already announced reduction of 22,000 employees across the group. The majority of this affects the mobility sector.

At the end of the first half of 2026, Bosch already had around 6,500 fewer employees than at the end of 2025 - but was still able to increase its sales by 3.6 percent compared to the previous year. Last year, the company was in the red after taxes for the first time since the financial crisis and posted a loss at the bottom line.

“The declining share of combustion engines and growing competition from Chinese suppliers are significantly reducing demand, while manufacturing costs are well above competitive market prices,” the company explained. “Since the ramp-up of the hydrogen market in Europe is falling short of expectations, production volume and utilization of the plant are continuing to decline.” This leads to a surplus of staff at the Nuremberg location, which is not economically viable in the long term.