By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Global NewsphereGlobal Newsphere
  • International
  • Sports
  • Business
  • Entertainment
  • Politics
  • Travel
Reading: Bosch to cut 1,100 jobs in Germany by 2029
Notification Show More
Global NewsphereGlobal Newsphere
  • International
  • Sports
  • Business
  • Entertainment
  • Politics
  • Travel
© 2025 All Rights reserved | Powered by Globalnewsphere
Global Newsphere > Business > Bosch to cut 1,100 jobs in Germany by 2029
Bosch to cut 1,100 jobs in Germany by 2029
Business

Bosch to cut 1,100 jobs in Germany by 2029

July 26, 2025 2 Min Read
Share
SHARE

Reducing Bosch’s work. Credit: Olekssh, Shutterstock

Bosch will eliminate 1,100 jobs at its Lautlingen plant in southern Germany by the end of 2029, addressing rising costs and market challenges.

“As market conditions change and competitiveness and pricing increase, the company needs to adjust its structure and reduce costs.” 20 minutes.

Cuts primarily affect the production and management role of control devices. Bosch said the segment was “no longer competitive,” prompting a change in focus. The Lautlingen plant will instead focus on future semiconductor manufacturing.

Bosch Engineering also had an impact

Cost reduction measures exceed Lautlingen. Bosch Engineering, a subsidiary of the group, will cut 460 jobs worldwide by the end of 2027, of which 380 will take place in Germany.

Bosch Engineering currently employs 3,100 people worldwide, including 2,200 in Germany. These layoffs come as part of a broader response to what the company describes as “a challenging situation in the automotive industry.”

Pressure from Chinese rivals

Bosch’s decision highlights the growing tensions over the German automotive sector. This is because they are tackling lower demand and increasing competition, particularly from Chinese manufacturers who produce more affordable vehicles.

The company has not announced an immediate plant closure, but the cuts will change dramatically at one of its major German sites.

See all the news from Germany.

View all business news.

See also  Telefónica to sell Ecuador unit to Millicom for €330 million

You Might Also Like

Musk enters political arena with new ‘America Party’

KitDigital: 3.000€ for Autónomos & Small Businesses

Co-op CEO admits cyberattack stole data of all 6.5m members

How to Avoid New Penalties for Second Homeowners

Baleares sees record numbers of freelancers

TAGGED:Business News
Share This Article
Facebook Twitter Email Copy Link
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Amex to Open 5 New Centurion Lounges, Update Food and Drinks
Amex to Open 5 New Centurion Lounges, Update Food and Drinks
Travel
Cannes ACID Gaza doc ‘Put Your Soul On Your Hand And Walk’ secures US deal
Cannes ACID Gaza doc ‘Put Your Soul On Your Hand And Walk’ secures US deal
Entertainment
The Epoch Times
Judge Dismisses Trump Admin’s Lawsuit Against Illinois Sanctuary Policies
Politics
Iran sends telecomms satellite Nahid-2 into orbit on board Russian Soyuz rocket
Iran sends telecomms satellite Nahid-2 into orbit on board Russian Soyuz rocket
International
Trump says ‘It’s great to be in Scotland’
Trump says ‘It’s great to be in Scotland’
International
Kristaps Porzingis Celtics pic
How would Boston’s Kristaps Porzingis fit in with the Phoenix Suns in 2025-26?
Sports

About Us

Welcome to Global Newsphere, your trusted source for breaking news and insightful analysis from around the world. Our mission is to keep you informed with accurate, timely, and well-researched news that matters.

Legal Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Trending News

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike

The Epoch Times

Noem Taps New Leadership at ICE, Moves to Identify Leakers Within DHS

If You Don’t Have a Real ID by May 7, Can You Still Fly?

If You Don’t Have a Real ID by May 7, Can You Still Fly?

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike
Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike
March 10, 2025
The Epoch Times
Noem Taps New Leadership at ICE, Moves to Identify Leakers Within DHS
March 10, 2025
If You Don’t Have a Real ID by May 7, Can You Still Fly?
If You Don’t Have a Real ID by May 7, Can You Still Fly?
March 10, 2025
The Epoch Times
Trump Rebukes Former Australian PM For Claiming CCP Leader More ‘Respectful’
March 10, 2025
© 2025 All Rights reserved | Powered by Globalnewsphere
Welcome Back!

Sign in to your account

Lost your password?