Bosch, the largest supplier of automotive components, announces severe measures to reduce costs by 2.5 billion euros per year, following the crisis in the sector. Management has confirmed that new layoffs are inevitable, especially in the supply sector, affecting thousands of employees, mostly in Germany. The crisis is exacerbated by competitive pressures, tariffs, and falling prices, and the CEO expects a continuation of structural adjustments in the industry. Bosch's sales could increase by 2% in 2025, but uncertainties persist.
Sources
Latest News
12:56
The leader of the parliamentary group representing national minorities, Varujan Pambuccian, asked President Nicușor Dan to postpone the appointment of the prime minister.
12:55
India could harvest 10 million fewer tons of rice amid drought and reduced rainfall
12:49
Mircea Abrudean calls for the prime minister to be appointed today / PNL proposes two solutions to unblock the government crisis
12:41
Fuel networks have raised diesel prices by up to 14 bani per liter, while gasoline prices remained almost unchanged
12:39
European Commission, after Trump threatened the EU with additional tariffs if it accepts Canada as an associate member: The partnership is not directed against anyone
See more news