Bosch to Cut About 13,000 Auto Jobs by 2030

Robert Bosch will cut about 13,000 jobs by the end of 2030, mainly in its Mobility/auto-parts division in Germany, as part of an expanded efficiency programme. The group says the reductions respond to a sluggish European car market, rising competition and trade barriers that have left the mobility division with an annual cost gap of roughly €2.5 billion. Bosch also plans to reduce material and operating costs, lower investments in facilities, streamline logistics and supply chains and pursue productivity gains including greater use of artificial intelligence. Management called the cuts "very painful" but necessary to restore competitiveness, and CEO Stefan Hartung still guides for modest revenue growth of about 2% in 2025; Bosch had about 418,000 employees globally. The IG Metall union and works council rejected the scale of the cuts, demanded commitments to secure German sites and warned of social devastation in affected regions.