Bosch Reduces Working Hours for Hundreds of Employees in Germany
The company plans to cut hours and salaries for 450 staff in Stuttgart and Gerlingen as part of wider cost-saving measures.
- Bosch will reduce weekly working hours for 450 employees in Stuttgart and Gerlingen from 38-40 hours to 35 hours starting March 2025, with corresponding salary reductions.
- The measure is part of broader cost-cutting efforts, which include similar reductions already implemented at Bosch Engineering, affecting 2,300 employees.
- Bosch Engineering plans further reductions at its Abstatt site, lowering hours from 37 to 36 per week by the end of the year.
- The company is also planning significant global job cuts, targeting over 7,000 positions, with German locations heavily impacted, including the automotive, tools, and home appliances divisions.
- CEO Stefan Hartung defended the reductions as a preferable alternative to layoffs, emphasizing the company's commitment to employment security agreements in the automotive sector.