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Bosch Mobility to cut 13,000 Jobs by 2030 in $2.5 billion restructuring

Bosch Mobility to cut 13,000 Jobs by 2030 in $2.5 billion restructuring

Business news |
By C.J. Abate

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Bosch Mobility has announced a comprehensive restructuring program aimed at closing a €2.5 billion annual cost gap. According to Bosch, job cuts are expected to total around 13,000 globally by 2030. The move reflects ongoing pressure in the automotive market and the need to realign operations for future technologies.

For eeNews Europe readers, the announcement highlights the challenges facing European automotive suppliers. Companies must balance heavy R&D investment in electrification and automation with competitive pressures and shifting global demand.

Market Pressures, Cost Challenges

Bosch cited multiple factors behind the restructuring such as soft global vehicle demand, regulatory uncertainty, and slower-than-expected adoption of electromobility and automated driving. The company also noted a shift in demand away from Europe, intensifying competition for Europe-based facilities.

To address the €2.5 billion gap, Bosch noted that it plan a mix of measures including increased use of AI in manufacturing and engineering, reductions in material and equipment costs, and additioanl logistics and supply chain efficienies. However, executives admitted that personnel cuts are unavoidable.

“We urgently need to work on our competitiveness in the Mobility business and continue to permanently reduce our costs. We are using many levers to achieve this. Regrettably, we will not be able to avoid further job cuts beyond those already communicated,” Stefan Grosch, member of the Bosch board of management and director of industrial relations, said in the company’s statement.

Site-Level Impact in Germany

The job reductions will heavily affect Bosch’s German operations, particularly its Power Solutions and Electrified Motion divisions. Key sites include:

  • Feuerbach: Around 3,500 jobs to be cut, including 1,500 at the powertrain components plant, driven by declining diesel demand and slow hydrogen ramp-up.

  • Schwieberdingen: Roughtly 1,750 jobs to go across sales, purchasing, administration, and development.

  • Waiblingen: Connector technology production to be phased out by 2028, affecting 560 workers.

  • Bühl/Bühlertal: About 1,550 jobs in electric drive development and production set to be cut.

  • Homburg: 1,250 jobs to be eliminated, with activities consolidated within the Power Solutions division.

Despite these cuts, Bosch reiterated its commitment to Germany as a core industrial base, noting that efficiency gains are essential for maintaining competitiveness and securing future orders.

Looking Ahead

Bosch executives underscored the urgency of the restructuring, emphasizing that delays could worsen the situation. “Geopolitical developments and trade barriers such as tariffs lead to considerable uncertainty – and this is something that we, like all companies, have to deal with. We can expect to face even more intense competition,” said Dr. Markus Heyn, Bosch board member.

“I’m convinced that Bosch Mobility can prevail in the highly competitive global market. But we have to pave the way for this now and use our own resources to secure our competitiveness, as time is pressing,” he noted.

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