Bosch is cutting approximately 10,000 jobs and reducing weekly working hours for employees in Germany to manage costs amid an automotive industry crisis.
Starting March 1, 2025, workers at Bosch's headquarters in Gerlingen and Stuttgart will see their hours reduced from 38-40 to 35 hours per week, leading to a corresponding salary decrease.
Bosch Engineering, a wholly owned subsidiary, has already implemented a reduction to 37 hours per week for 2,300 workers, with plans to cut further to 36 hours.
This move has drawn criticism from Frank Sell, head of the works council, who expressed concerns over the impact on employee relations and social stability within the company.
Overall, Bosch anticipates needing to adjust up to 5,550 jobs globally, with 3,800 of those cuts occurring in Germany, reflecting the broader struggles of the German automotive sector.