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Robert Bosch, the struggling German industrial giant undertaking a massive overhaul of its workforce, has doubled down on cost-saving efforts by reducing the pay and working hours of thousands ...

Bosch is one of Germany’s biggest employers, with a headcount of 429,000 people at the end of 2023. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of ...

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Robert Bosch GmbH will reduce the working hours of about 10,000 employees in addition to massive job cuts it’s undertaking to counter a slump in demand for auto parts. Affected staff will have ...

BERLIN, Nov 23 (Reuters) - Robert Bosch (ROBG.UL), the world's largest car parts supplier, will reduce the working hours and pay of around 10,000 employees in Germany, going beyond previously ...

Germany's technology and services company Bosch said on Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the ...

Bosch said they would be carried out in a "socially responsible" way. About half the job reductions would be at locations in Germany. Bosch, the world's biggest car parts supplier, has already ...

Bosch makes more than half its revenue from the automotive sector. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of ...

The car parts manufacturer said some 3,800 of the layoffs are to be made in Germany. Bosch and other German firms are pushing to reduce costs in order to stay competitive in the international market.