Bosch to cut 3,500 jobs
FRANKFURT, Germany: The Bosch group said on Friday it would axe 3,500 jobs at its BSH home appliances subsidiary by 2027, the latest in a series of cuts among German manufacturers as they struggle with rising costs and weaker demand. The company had to “reduce complexity and costs” in order to “safeguard its competitiveness” in […]
Tomas Kauer - News Moderator 
FRANKFURT, Germany: The Bosch group said on Friday it would axe 3,500 jobs at its BSH home appliances subsidiary by 2027, the latest in a series of cuts among German manufacturers as they struggle with rising costs and weaker demand.
The company had to “reduce complexity and costs” in order to “safeguard its competitiveness” in a challenging economic environment, BSH said in a statement.
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