Another automotive company announced job cuts. Bosch has announced that it intends to cut 5,550 seats Worked globally, with the prevalence of these shortages in Germany. The layoffs will be implemented through 2030. Currently, the company has approximately 429,000 employees worldwide.
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The announced layoffs relate primarily to 3,500 workers in the division. “Cross-Domain Computer Solutions”, whose contracts will be terminated by the end of 2027. Bosch also announced that it will cut a further 750 jobs at the Hildesheim factory, with 600 by the end of 2026 and the remaining 150 by 2032. In addition, others 1,300 posts They will be phased out between 2027 and 2030 at a plant near Stuttgart.
These reductions are mainly focused on activities related to the electrification of vehicles, in the context of slower than expected growth in the European electric car market. Teams developing software for autonomous driving will be interested in areas beyond the traditional areas of brakes and steering systems.
Bosch’s difficulties
“Global vehicle production will remain essentially unchanged this year. 93 million units, “With a slight contraction compared to last year,” the German group explained in a note. The automotive sector has been marked by a slowdown in demand, a delayed transition to electric and increased competition from Chinese manufacturers. The group added that in Europe, “the commercial sector has to deal with suppliers who enjoy clear competitive advantages thanks to lower production costs in their home countries”.
In recent months, Bosch had already announced a series. global dismissal, It employs about 7,000 people, mainly in the automotive sector, which accounts for about two-thirds of its revenue, but also in the BSH Tools and Home Appliances sectors.
Reactions of Unions They did not wait long. The Bosch Works Council and IG Metal expressed strong opposition through an official note: “We will organize this. Resistance to these plans at all levelssaid Frank Sell, representative of the Stuttgart company’s works council.
German economy in crisis
The German economy, in which the automotive industry is a key pillar, is taking a severe hit. Difficulties in the sector. Volkswagen, the national automotive giant, is facing an unprecedented crisis and is negotiating a massive austerity plan that could lead to thousands of layoffs or even factory closures in Germany. As of December 1st, they are. Anticipated strikes In the main European manufacturer.
American Ford also announced on Wednesday that it will cut 4,000 jobs in Europe through the end of 2027, which will have a significant impact in Germany. Other German auto parts manufacturers, such as Continental, Schaeffler and ZF, have recently reported job cuts. This crisisI also extend to France.where the companies Michelin and Valor are implementing social projects to deal with the situation.
