Bosch to cut up to 1,500 jobs in German home region, arguing e-mobility requires fewer workers
ARD
Automotive industry supplier Bosch will cut up to 1,500 jobs in its home region in southern Germany, arguing that the transition to electric vehicles would lead to a permanently lower labour demand in certain areas, public broadcaster ARD reported. “A weak global economy, ongoing inflation, partly resulting from higher costs for energy and raw materials, as well as negative exchange rate effects are aggravating the situation,” the company said. The job cuts are planned to be implemented before the end of 2025 in the departments for development, administration, and retailing. The company said it would seek to shift workers to new positions internally wherever this was viable and implement other cuts through early pension deals. However, the company had to react to a change in demand and orders and respond by adapting its production structures, especially since the transformation to electric mobility required high initial investments, Bosch said.
As one of the leading car industry suppliers on the market, Bosch employs more than 400,000 people globally. Earlier this year, the company rejected claims that it disregards economic prospects for its home region in its transition towards electric vehicles, arguing it would aim to retain “as many jobs as possible” in Germany. The German government in November pledged support to the car industry in a bid to achieve its goal of putting at least 15 million electric vehicles on German roads by 2030.
