The Business Times

Bosch to cut around 6% of jobs at home appliance division

    • CEO Matthias Metz says the cuts will occur in administration and internal services, as opposed to its production sites.
    • CEO Matthias Metz says the cuts will occur in administration and internal services, as opposed to its production sites. PHOTO: REUTERS
    Published Sat, Feb 24, 2024 · 11:28 AM

    BSH Hausgeraete, the home appliance division of automotive supplier Bosch, will cut around 3,500 jobs, or about 6 per cent of its workforce, by 2027, its CEO Matthias Metz told Sueddeutsche Zeitung.

    Metz said the cuts would occur in administration and internal services, as opposed to its production sites, he was quoted as saying. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    bosch

    Share with us your feedback on BT's products and services

    Feedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More