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Bosch to cut 3,500 jobs in home appliances unit

Bosch to cut 3,500 jobs in home appliances unit

Published February 23,2024


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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