Bosch to cut 3,500 jobs at BSH home appliances by 2027 due to rising costs and weaker demand.
Bosch plans to cut 3,500 jobs by 2027 at its BSH home appliances subsidiary due to rising costs and weaker demand. The move is a part of a series of job cuts among German manufacturers to reduce complexity and maintain competitiveness amid economic challenges. The job cuts will primarily target indirect workers, with around 1,000 job losses expected this year, following Bosch's earlier plans to reduce 1,500 jobs in its auto supply business.
February 23, 2024
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