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Bosch expects to cut 1,500 jobs by 2025 at two German sites

www.reuters.com Bosch expects to cut 1,500 jobs by 2025 at two German sites

Automotive supplier Bosch (ROBG.UL) needs to cut up to 1,500 jobs at two of its German sites by 2025 to adapt staffing levels to changing demand and technologies in the auto sector, the company said on Sunday.

Bosch expects to cut 1,500 jobs by 2025 at two German sites
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Bosch expects to cut 1,500 jobs by 2025 at two German sites

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  • Likely nobody gets fired. The put old employees in so called "Altersteilzeit" or replacing 40 h contracts with new 35 h ones. So that net. 1500*35h are saved