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.

Robert Bosch GmbH is nearing a deal to sell some of its security systems operations to private equity firm Triton Partners, ...

The world's largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to EVs.

Robert Bosch, the world's largest car parts supplier, will reduce the working hours and pay of around 10,000 employees in ...

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 ...

(RTTNews) - Robert Bosch GmbH will reduce working hours and salaries for approximately 10,000 employees as part of a broader strategy to address a downturn in demand for automotive parts ...

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 ...

But sales haven't lived up to early projections. Germany-based Bosch, the world's largest automotive parts supplier, received tax credits and other incentives based on its promise to spend $260 ...

Bosch, the world's biggest car parts supplier, said it is planning to cut 3,500 jobs by end-2027 in its cross-domain computer solutions division, half of which will be at German sites, flagging ...

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 ...