Bosch Confirms Closure of Two German Power Tools Plants, Relocation Abroad
The decision impacts 500 employees and reflects Bosch's strategy to address cost pressures and weakening domestic demand.
- Bosch will shut down its Power Tools factories in Sebnitz and Leinfelden-Echterdingen by 2027, affecting around 500 workers.
- Production from these sites will be relocated to overseas facilities, including Hungary, as part of a global restructuring plan.
- The closures are driven by rising costs, declining domestic demand, and challenges in key sectors like construction.
- Labor unions, including IG Metall, have strongly criticized the move, citing risks to social cohesion and Germany's industrial base.
- This marks the latest phase in Bosch's broader restructuring efforts, which have already included significant job cuts across other divisions.