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Story summary
- Bosch plans to cut 13,000 jobs by 2030, signaling a crisis in Germany's automotive sector.
- It faces a €2.5 billion annual cost gap from rising competition, especially BYD, plus high labor and energy costs.
- At Feuerbach, Schwieberdingen, 3,500 and 1,750 jobs will be cut as Bosch restructures its mobility division.
- Unions resist, warning of potential strikes.
