Bosch to cut 13,000 jobs to save billions in costs

Bosch to cut 13,000 jobs to save billions in costs

In addition to the job cuts, the company said it wanted to decrease investments in its production facilities and buildings as it had seen a "sharp decline in demand" for its products. As of December 2024, the firm had a 418,000-strong workforce globally. Bosch confirmed no jobs in the UK will be aff...

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