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The cuts are part of larger moves triggered by intense competition and a slowing European car industry. One of the world’s biggest auto parts suppliers, German firm Robert Bosch GmbH, known better as ...

The engineering giant is hoping the job cuts will save €2.5bn as Europe’s car market crisis stretches on. Bosch will cut around 13,000 extra jobs at its auto-parts business by 2030, representing about ...

German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector. The auto industry in Europe's biggest economy has ...

Employees of German technology company Bosch protest against the company's plans to cut thousands of jobs at the company's headquarters in Gerlingen near Stuttgart, southern Germany on March 20, 2024.

Volkswagen AG paring back production and Robert Bosch GmbH slashing 13,000 jobs shows how the German auto industry’s decline is rippling through Europe’s biggest economy. Carmakers and their suppliers ...

The auto industry in Europe's biggest economy has been hammered by fierce competition in key market China, weak demand and a slower than expected shift to electric vehicles. The cuts, all of which ...

FRANKFURT: German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector. The auto industry in Europe's biggest ...