Bosch to cut 750 jobs at German development center

Bosch has announced the elimination of 750 jobs at its development center in Abstatt, Germany, with the cuts expected to be completed by the end of 2029. The reduction primarily affects the Vehicle Motion business unit, which specializes in the development of braking systems, vehicle motion control software, safety systems, and sensors.

The company attributed the decision to structural shifts in the automotive industry, including stagnating global vehicle production and declining demand within Europe. Additionally, Bosch cited intensifying competition from Asian manufacturers, particularly from China, who are increasingly competitive in both pricing and technological development. The company noted that certain development tasks, such as electronic braking systems, are now frequently conducted in collaboration with Chinese customers, reducing the required capacity at the German site.

This move is part of a broader restructuring process within Bosch’s mobility division, which involves plans to cut more than 23,000 jobs across various periods.