More than two thirds of the total, some 3,800 jobs, will be eliminated in Germany, a company spokeswoman confirmed to the German press agency DPA.

According to the source, the new data suggests that the proportion of those laid off will exceed previous estimates.

According to the company, the process will comply with an agreement concluded in mid-2023, which excludes mandatory layoffs in the automotive supplier division in Germany until the end of 2027, and in some cases even until the end of 2029.

Around 72,000 of the approximately 134,000 Bosch employees in Germany were in this division at the end of 2023, the media report said.

The Cross Domain Computing Solutions division of Bosch, responsible for the development of assistance systems and automated driving, is the most affected by the current plans, the report added.

Three thousand five hundred jobs in this division will be eliminated by the end of 2027 worldwide, approximately half of them in Germany. The sites in question are Leonberg, Abstatt, Renningen and Schwieberdingen in Baden-Württemberg and Hildesheim in Lower Saxony, the works council confirmed, as quoted by the DPA.

In addition, at the Hildesheim plant, where Bosch manufactures products for electromobility, around 750 jobs will be cut by 2032, the majority of them (600) by the end of 2026.

There are also savings plans for the division that produces steering systems for cars and trucks: at the Schwäbisch Gmünd plant, up to 1,300 jobs will be dismantled between 2027 and 2030, more than a third of the workforce, the report says.

According to Bosch, the plan is a response to the crisis in the automotive industry, as global vehicle production is expected to stagnate in 2024 at around 93 million units, if not slightly decline compared to the previous year.

On its website, the Bosch Group states that it currently has €4.8 billion in operating EBIT; that is, earnings before interest and taxes.

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