The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture Of Electrical And Electronic Equipment For Motor Vehicles
500 jobs Number of planned job losses
Announcement Date
23 January 2024
Employment effect (start)
23 January 2024
Foreseen end date
31 December 2025
Description
Automotive supplier Bosch announced further job cuts at its German sites in Ansbach, Reutlingen, Salzgitter and Schwieberdingen. 500 jobs are to be shed by the end of 2025 in its research and development as well as administrative departments of the control unit division.
The company wants to realise redundancies by not replacing staff leaving the company and by offering employees jobs in other areas of Bosch group.
The job cuts in its control unit division follow announcements of reducing jobs in its drive section in Germany (Bosch-2023-DE) as well as worldwide (Bosch-2023-WO). Bosch is also reducing staff numbers at its Power Tool Division in Germany.
Around 12,500 employees work in Bosch’s Mobility Electronic Section in Germany.
Eurofound (2024), Bosch, Internal restructuring in Germany, factsheet number 200811, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200811.
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