Bosch to cut 3,500 jobs in home appliances unit

Bosch to cut 3,500 jobs in home appliances unit

Published February 23,2024


Subscribe

The Bosch group stated Friday it deliberate to axe 3,500 jobs at its BSH dwelling home equipment subsidiary by 2027, the newest in a collection of job cuts amongst German producers as they battle with rising prices and weaker demand.

The firm needed to “reduce complexity and costs” with a purpose to “safeguard its competitiveness” in a difficult financial atmosphere, BSH stated in an announcement.

Source: www.anews.com.tr