Restructuring events
European Restructuring Monitor (ERM)
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.
Bosch Global Business Services, a division of the German engineering and electronics company, Bosch, will lay off 510 employees at Timisoara center (Timis County) by the end of 2030. The reduction of the staff is part of a global group’s plan, which envisages cutting 3,400 jobs in the Bosch Global Business Services division worldwide. The employees affected work mainly in internal services and operations: accounting, administration, human resources, and various support services. The company officials mentioned that the job cuts will be made largely through process automation, not by relocating them to other countries.
Company representatives confirmed that Timisoara center is undergoing a process of adaptation to structural changes at the global automotive industry, to a difficult economic context and in a market transitioning to new production models.
The company mentioned that the process is being carried out in accordance with the principles of transparency and fairness and that affected employees are receiving support measures: compensation packages in accordance with the collective bargaining agreement and the possibility of relocation to other departments or units of the group.
At Timisoara center the company has a workforce of 1,800 people.
Eurofound (2025), Bosch Global Business Services, Internal restructuring in Romania, factsheet number 203942, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203942.