Particle.news

Download on the App Store

Bosch to Cut Up to 13,000 Jobs by 2030 in Mobility Overhaul

The supplier targets €2.5 billion in yearly savings to offset weak European demand, fierce Chinese price pressure and slower EV gains.

Overview

  • Reductions will concentrate in German Mobility operations, with Feuerbach, Schwieberdingen, Waiblingen, Bühl and Homburg named as especially exposed sites.
  • Bosch is seeking to lift return on sales in its automotive business to 7% from a significantly lower level last year.
  • The company cites a demand shift away from Europe, a price war in China and underperforming electrification and automated‑driving investments as key drivers.
  • Works councils and unions have rejected the scale of the cuts, with chairman Frank Sell demanding commitments on security for German sites.
  • Beyond headcount reductions, Bosch plans material‑cost cuts, productivity gains and wider use of artificial intelligence to reach its savings goal.