Saturday, June 6

Bosch said it will eliminate a further 13,000 jobs worldwide, adding to the 9,000 cuts already announced, as the world’s largest automotive supplier steps up efforts to reduce costs and adapt to the shift toward electric mobility.

The company, headquartered near Stuttgart, confirmed the plans after German business daily Handelsblatt first reported them. The Power Solutions and Electrified Motion divisions will be most affected, with sites in Stuttgart-Feuerbach, Schwieberdingen, Waiblingen, Bühl and Homburg facing reductions. Together with earlier cuts, about 22,000 positions will be shed by 2030. Bosch’s Mobility division employs around 70,000 people in Germany.

The group aims to save 2.5 billion euros, but slower sales growth, rising expenses and intensifying competition from Chinese suppliers have increased pressure. Electric vehicle components typically require fewer workers to produce, while parts for combustion engines, once a Bosch strength, are losing relevance.

Union leaders and the works council vowed to resist the scale of the cuts, citing existing job security in Germany until 2027. Layoffs can currently only be carried out through voluntary measures such as severance packages or early retirement. IG Metall representatives called the plan a major setback for labor relations, warning of difficult negotiations ahead.

Bosch said it is adapting its portfolio to cover electric motors, inverters and chargers, while continuing production of combustion, hybrid and fuel cell components. Executives noted that automakers are internalizing more value creation, leaving suppliers with slimmer margins and forcing them to rethink long-term strategies.

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Benedict McDaniel is a EV reporter at evmagz, writing about electric cars, new technologies, charging networks, and the fast-changing world of clean mobility worldwide. Outside of work, he spends his time exploring scenic drives, following the latest tech trends, and shooting urban photography.

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