bosch

Bosch management board member Stefan Grosch, who is in charge of human resources, told journalists in a call that the cuts were necessary to ensure Bosch remains competitive, adding the whole industry was suffering.

Up to 10,000 Bosch jobs at risk in Germany, deputy chairman says

Labour representatives and unions will develop an action plan for 2025 that will not rule out strikes

Bosch’s works council and the IG Metall union expressed their opposition to the layoffs.

Bosch to axe 5,550 jobs in latest blow to German auto sector

It’s the latest sign of struggle in Germany’s creaking auto sector after Volkswagen and Mercedes

Bosch said that those employees, whose contracts stipulated that they work 38-to-40 hours a week, will work only 35 hours a week starting Mar 1.

German auto supplier Bosch to reduce hours for 450 employees due to tough economy

GERMAN auto parts supplier Robert Bosch will reduce the hours, and consequently the pay, of 450 employees in Germany from next spring, citing the difficult economic situation, a company spokesperson s...

The move helps Bosch to strengthen its presence in the US and Asia, as well as balance company divisions.

Bosch to buy Johnson Control’s air-conditioning assets in US$8 billion deal

It will also acquire full ownership of a joint venture with Hitachi, which includes the Japanese manufacturer’s 40% stake

A deal for Whirlpool, whose brands include Ariston, Hotpoint, Ignis and Privileg, would rank amongst the biggest disclosed deals for the German industrial group.

Bosch weighs offer for appliance maker Whirlpool

Whirlpool which has a market capitalisation of about US$4.8 billion has been undergoing a major restructuring in recent years

Net profit rose to 5.65 billion rupees (S$91.8 million) in the quarter ended March 31 from 3.99 billion rupees a year earlier.

India's Bosch posts Q4 profit rise on higher demand

India’s total vehicle production during the January-March period rose over 21%, which in turn also helped expand the auto parts demand

Johnson Controls has been working with its advisers to sell its residential and light commercial businesses, according to the sources.

Bosch, Lennox, Samsung vie for Johnson Controls HVAC assets, sources say

Robert Bosch GmbH, Lennox International and Samsung Electronics are among the suitors competing to acquire heating and ventilation businesses worth over US$6 billion from Johnson Controls Internationa...

CEO Matthias Metz says the cuts will occur in administration and internal services, as opposed to its production sites.

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

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.

The main reason given for the move, which sees 950 cuts in Germany alone, is the significantly slower-than-expected development of fully automated driving.

Bosch aims to cut 1,200 jobs in software division by end 2026

Automotive supplier Bosch wants to cut 1,200 jobs in its software development division by the end of 2026, a company spokesperson said on Thursday (Jan 18), confirming a report in Handelsblatt daily.