Bosch to cut 7,000 jobs: “At the moment, I cannot rule out …,” says CEO Stefan Hartung

Bosch is reportedly planning to lay off 7,000 employees from its plants in Germany. As reported by Rzeczpospolita, CEO Stefan Hartung said “In recent months, Bosch has repeatedly announced plans to reduce jobs worldwide. This latest move affects over 7,000 jobs in Germany, primarily in the automotive supply sector, but also in the tools division and the BSH subsidiary that handles household appliances”.