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Bosch Secures Schwäbisch Gmünd Plant Despite 1,150 Job Cuts

Under a works council pact Bosch will preserve passenger car steering operations at Schwäbisch Gmünd with a workforce capped at 1,700 through 2030

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Overview

  • The agreement locks in Schwäbisch Gmünd’s future until 2030 by reducing its staff from about 3,450 to 1,700, cutting 1,150 roles.
  • Bosch will keep only passenger car steering system production at Schwäbisch Gmünd while relocating commercial vehicle steering manufacturing abroad.
  • Workforce reductions will follow a 2023 IG Metall accord that bars forced layoffs at German sites before the end of 2027, ensuring a socially responsible process.
  • Heavy losses in Bosch’s Vehicle Motion division prompted the restructuring and the need to streamline operations at core German sites.
  • The fate of Bosch’s Hildesheim plant remains unresolved, with no comparable agreement yet reached to secure its future.