SHARE THIS ARTICLE

Bosch will cut up to 5,500 jobs as it struggles with slow electric vehicle sales and competition from Chinese imports.
 
It is the latest blow to the European car industry after Volkswagen and Ford announced thousands of job cuts in the last month.
 
Cheaper Chinese-made electric cars have made it trickier for European manufacturers to remain competitive while demand has weakened for the driver assistance and automated driving solutions made by Bosch.


Read Article


Bosch To Cut 5,500 German Jobs And Scale Back Factories

About the Author

Agent009