Bosch is cutting half of the jobs at its Nuremberg site by 2029

The German auto industry is currently not getting anywhere. This also affects numerous suppliers. Bosch now decides to cut half of its position in Nuremberg. This is also due to disappointed expectations of an alternative fuel.

The automotive supplier Bosch wants to cut half of the jobs at its location in Nuremberg. The company said it plans to “cut 900 jobs at the plant by the end of 2029.” “The implementation should be made as socially acceptable as possible.” The employee representatives and employees in Nuremberg have already been informed and discussions with employee representatives will now begin.

The group justified this with a fundamental change in the framework conditions for the automotive industry. “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.

According to the company, 1,800 people currently work at the Bosch location in Nuremberg. The factory there primarily produces components for combustion engines and fuel cell technology.

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 that it would cut thousands more jobs.

In view of the German automobile crisis, the Bosch works council called for a round table of employers, unions and politicians in the summer. “We cannot continue as before,” said Frank Sell, chairman of the general works council at Bosch Mobility, to “Spiegel” at the beginning of July.

All major German car manufacturers have announced large-scale job cuts. Volkswagen alone wants to cut up to 100,000 jobs worldwide. Audi, BMW, Mercedes and Porsche are each talking about a few thousand jobs.