Story perspectives
Bosch to Slash 13,000 Jobs Amid Rising Competition
9/26/2025
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Story summary
- Bosch will cut 13,000 jobs to save €2.5 billion ($2.9 billion), mainly in the mobility division in Germany.
- Job cuts will occur at various German locations through the end of 2030.
- Increased competition from Tesla and BYD has contributed to Bosch's challenges.
- Bosch will curb costs quickly by reducing investments and streamlining logistics.
