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Transport & Logistics

Bosch to cut 13,000 jobs to bring down costs in tough autos market

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.
Transport & Logistics

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

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.
Transport & Logistics

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

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.
Transport & Logistics

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

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

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

FILE PHOTO: The administrative entrance at the Whirlpool plant in Clyde, Ohio, U.S. October 3, 2017. Picture taken October 3, 2017.  REUTERS/Aaron Josefczyk/File Photo
International

Bosch weighs offer for appliance maker Whirlpool

FILE PHOTO: A Bosch sign is seen in a shop in Stuttgart, Germany July 29, 2016. REUTERS/Michaela Rehle/File Photo
Companies & Markets

India's Bosch posts Q4 profit rise on higher demand

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

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

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

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

FILE PHOTO: View of the entrance of German automotive parts manufacturer Robert Bosch Belgian plant in Tienen April 21, 2009. REUTERS/Thierry Roge//File Photo
Companies & Markets

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

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