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Bosch to cut 13,000 jobs in automotive division
Yahoo Finance·2025-09-26 10:03

Bosch plans to eliminate about 13,000 additional positions in its auto-parts arm, citing intensifying competition and a weak European car market. In a statement, the German major said the economic backdrop has been under “great pressure for some time,” adding that market conditions for Bosch Mobility have recently become “even more challenging”. The company added that “structural and personnel adjustment measures are unavoidable,” with an expected reduction of around 13,000 roles, primarily at mobility s ...