Bosch has announced 1,200 job cuts over the next three years


Bosch has announced 1,200 job cuts over the next three years

Automotive supplier Bosch said it plans to cut about 1,200 jobs in its software and electronics division by the end of 2026. It is reported that the main reasons for the layoffs in the department are the slower-than-expected development of fully automated driving, and external environmental factors such as rising energy and commodity prices and high inflation and economic weakness.