Bosch is cutting 750 jobs at its German location

At the automotive supplier Bosch, staff cuts are intensifying. Due to the difficult situation in the automotive industry, the foundation group is planning to cut an additional 750 jobs in the mobility division at the Abstatt (Baden-Württemberg) location by the end of 2029, as the company confirmed to the “Handelsblatt”. The dismantling should therefore be as socially acceptable as possible.

According to the report, Bosch cites competition with Chinese manufacturers and the relocation of the development of systems to Bosch's development site in China, where development is carried out together with Chinese customers, as the main reason. Chinese car manufacturers have recently increasingly been first-time customers, for example for the latest technologies such as electronic steering and brakes.

In September, the group announced that half of the jobs at its Nuremberg location would be cut. Together with this previously announced reduction of 900 jobs, Bosch's workforce cuts in Germany will increase by 1,650 jobs to 23,650 in the mobility division.

The German auto industry is in crisis because of competition in and from China, US tariffs and low profit margins for electric cars. Bosch had already cut thousands of jobs in recent years and announced the elimination of thousands more jobs.