electric vehicle transition
Bosch Cuts 13,000 Jobs in Germany: How Global Competition and EV Transition Are Reshaping the Automotive Industry
Sep 26, 2025 01:45 am CST
German industrial giant Bosch announces 13,000 job cuts in its automotive division, representing 10% of its German workforce, as the company faces shifting global demand, slower electric vehicle adoption, and intense price competition in China. The cuts are part of a broader crisis affecting Germany's automotive sector, with major manufacturers like Volkswagen also planning significant workforce reductions amid declining sales and profitability challenges.
