Bosch plans to cut up to 1,500 jobs. The automotive supplier’s drive division is affected. Reason: According to the company, the change towards e-mobility means a decreasing need for employees.
The automotive supplier Bosch is considering major job cuts in the drive division. At the Feuerbach and Schwieberdingen locations in Baden-Württemberg, the company sees a need to adapt up to 1,500 personnel capacities in the areas of development, administration and sales, a spokeswoman said on Monday. “Automobilwoche” had previously reported on it.
According to the spokeswoman, Bosch is in close contact with employee representatives. The works councils would be involved in a structured manner before making decisions and could propose alternative courses of action. The process should be designed in a socially responsible manner. “We want to rely on the internal placement of employees in other areas, on offering qualification programs for growth areas, but also early retirement regulations or voluntary termination agreements,” said the spokeswoman.
Bosch: Falling demand for employment with the transition to e-mobility
According to the spokeswoman, Bosch naturally stands by the future agreement that was only concluded with employee representatives in the summer, which excludes operational dismissals for almost 80,000 employees in the supplier division in Germany until the end of 2027.
She cited the transformation of the automotive industry as the reason for the planned reduction, which will have a major impact on the entire industry in the medium term. The transition to electromobility requires high upfront investments and is accompanied by a decreasing need for employment. A weak global economy, persistent inflation and negative exchange rate effects exacerbated the situation.
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Source: Stern