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 ...
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 ...
Bosch will cut up to 5,500 jobs as it struggles with slow electric vehicle sales and competition from Chinese imports. It is the latest blow to the European car industry after Volkswagen and Ford ...
Bosch's spokeswoman said that some 3,800 of the job cuts are to be made in Germany. She added that the exact number of layoffs will be negotiated in talks with workers' representatives.
Nov 22 (Reuters) - Robert Bosch (ROBG.UL) said on Friday the company plans to cut up to 5,550 jobs, the latest sign of struggle in Germany's creaking auto sector, which is grappling with ...