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Bosch Delays Margin Target, Cuts 13,000 Jobs Amid Challenges

1/31/2026

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Story summary
  • Robert Bosch GmbH expects a difficult 2026 and delays its 7% margin target to 2027 due to cost pressures.
  • It will cut 13,000 more jobs, bringing total to 18,500 to sustain competitiveness amid tariffs and price declines.
  • In 2025, revenue rose 0.8% to €91 billion, while margin fell to 1.9%.
  • Stefan Hartung, CEO of Robert Bosch GmbH, says the automotive market remains competitive amid a slowdown and a chip shortage.