Bosch plans to reduce about 13,000 more jobs

The car supplier Bosch wants to save costs and reduce around 13,000 other positions, especially at German locations of the Mobility supplier division. The measures should be completed by the end of 2030, the company from Gerlingen said at Stuttgart. The “Handelsblatt” had previously reported.

Larger adjustments plan Bosch, among other things, at the locations in Stuttgart-Feuerbach, Schwieberdingen, Waiblingen and Bühl/Bühlertal in Baden-Württemberg and in the Saarland Homburg.

“We urgently need to work on competitiveness in the mobility area and continue to reduce our costs. We are starting many levers in motion,” said Bosch Managing Director and Labor Director Stefan Grosch. “Unfortunately, we cannot avoid further job cuts via the already communicated level. That hurts us very much, but unfortunately there is no way around it.”

The IG Metall union reacted indignantly. “There is no question that the situation in the German and European automotive and supplier industry is very tense,” said the overall works council chairman of the Mobility, Frank Sell business sector. “However, we decidedly reject the personnel loss of this historical size – without simultaneous commitments to secure our locations in Germany!” Bosch is playing trust and taking care of “a social clearcut in many regions,” criticized Sell.

The crisis in the automotive industry was difficult for the world’s largest car supplier. Bosch has already had a number of job mining programs since the end of 2023. Bosch has communicated a mining requirement of 9,000 jobs in Germany to the Mobility area since the beginning of last year, a spokeswoman said on request.

Mobility boss Markus Heyn and Labor Director Grosch recently illustrated that the supplier has to save massively in an interview with the “Stuttgarter Zeitung” and the “Stuttgarter Nachrichten”. The annual costs of the business area should therefore decrease by 2.5 billion euros. According to Grosch, the cost gap should be reduced very significantly in the coming years and should be closed at the latest in 2030.

Last year, sales of the supplier division fell by 0.7 percent to 55.8 billion euros. Bosch recently expected slight growth for the current financial year. The largest Bosch business area is responsible for more than 60 percent of total sales of a good 90 billion euros.

At the end of 2024, the group had a total of almost 417,900 employees worldwide – and thus around 11,600 fewer than a year earlier. In Germany, the number of employees dropped by a good 4500 to more than 129,600 (minus 3.4 percent). In the mobility division in Germany, just over 70,000 people have recently worked, as Labor Director Grosch said.