The technology group Bosch is once again planning to cut jobs - this time at its household appliance division BSH. "Based on the current business volume, BSH is planning to cut around 3,500 indirect jobs globally by the end of 2027, 1,000 of which will already be cut this year," a company spokesperson announced in Munich on Friday. In Germany, 450 jobs will be affected by the plans this year. According to the spokesperson, the indirect area includes administration. Production will not initially be affected.
The adjustments are to be implemented in a socially responsible manner. The Bosch domestic appliances division, which includes brands such as Bosch, Siemens, Gaggenau and Neff, intends to avoid redundancies. A special transformation unit has been set up to qualify affected employees in Germany for the internal and external job market. According to the spokesperson, BSH currently employs around 60,000 people worldwide, including around 17,000 in Germany.
According to the company, complexity and costs must be significantly reduced in order to ensure competitiveness and finance the necessary investments. This is particularly important in view of the rapidly changing market situation and the persistently difficult and declining economic situation. It is imperative to adapt the organization to the new strategy and the growth markets.
