Bosch announces job cuts in Abstatt and new semiconductor division

Bosch job cuts semiconductors automotive industry Abstatt

Bosch is implementing significant structural changes to its business operations. The technology group announced it will cut 750 jobs at its Abstatt location in Germany by the end of 2029. This reduction affects the Mobility division, specifically the Vehicle Motion unit, which develops braking systems, vehicle motion software, and sensor technology. The company cited stagnant global vehicle production, declining demand in Europe, and intense price competition from Asian suppliers as primary drivers for the cuts. This move is part of a broader trend within Bosch's Mobility sector, where more than 23,000 jobs are expected to be lost in Germany over various periods.

Simultaneously, Bosch is pivoting toward the semiconductor market. Starting January 1, 2028, the company will establish a dedicated Semiconductors division within its Mobility sector. This new unit will separate semiconductor operations from the current Mobility Electronics division to better address the growing demand for components in artificial intelligence, robotics, and consumer electronics. Bosch aims to achieve annual semiconductor sales of 5 billion euros by 2030. To support this growth, the company continues to invest in its wafer fabs in Dresden and Reutlingen, Germany, and a plant in Roseville, California.

Entities

Abstatt · Bosch · Erik Rein · Markus Heyn · Mobility Electronics · Mohammed Abraham · Robert Bosch GmbH · Semiconductors division · US Department of Commerce

Claims

What the coverage asserts, and how many sources carry each claim.

[● 7 SOURCES] Bosch will launch a dedicated Semiconductors division on January 1, 2028. www.posventa.com · powerelectronicsworld.net · www.techmezine.com · compoundsemiconductor.net · vipress.net · +2 more
[● 4 SOURCES] More than 23,000 jobs are expected to be lost in Bosch's Mobility division in Germany over time. www.allgaeuer-zeitung.de · novini247.com · www.vg.hu · www.bild.de
[● 5 SOURCES] Bosch targets 5 billion euros in annual semiconductor sales by 2030. www.posventa.com · www.techmezine.com · vipress.net · www.it-daily.net · www.next-mobility.de
[● 2 SOURCES] Bosch is investing approximately 2 billion dollars to equip a second plant in Roseville, California, for SiC chip manufacturing. powerelectronicsworld.net · compoundsemiconductor.net
[● 6 SOURCES] The new semiconductor division will remain part of the Mobility business sector. www.posventa.com · www.techmezine.com · compoundsemiconductor.net · vipress.net · www.it-daily.net · +1 more
[● 3 SOURCES] The job cuts in Abstatt affect the Vehicle Motion business unit. www.allgaeuer-zeitung.de · www.bild.de · www.swr.de
[● 2 SOURCES] The US Department of Commerce's CHIPS Program Office announced up to 225 million dollars in direct funding for Bosch's Roseville investment in July 2026. powerelectronicsworld.net · compoundsemiconductor.net
[● 10 SOURCES] Bosch will cut 750 jobs at its Abstatt location by the end of 2029. www.allgaeuer-zeitung.de · www.fehmarn24.de · novini247.com · www.vg.hu · www.cash.ch · +5 more