Overview

• Reductions center on German sites with approximate losses of 3,500 in Feuerbach, 1,750 in Schwieberdingen, 1,550 in Bühl, and 1,250 in Homburg, with the Waiblingen plant to close in 2028 affecting 560 roles.
• The plan targets cost cuts in the mobility division to address persistent weakness in the automotive supply market.
• Bosch said it has notified employees and works councils and will pursue socially responsible measures where possible.
• The adjustment equates to a little over 3% of the global workforce and roughly 10% in Germany; Bosch reported 417,900 employees at the end of 2024.
• Executives pointed to weak auto demand, trade barriers, higher energy and labor costs in Germany, and intensifying competition from Chinese suppliers as the key pressures.